Currency risk is underappreciated – Riksbank’s Jansson

Per Jansson, Deputy Governor of the Riksbank, said on Thursday that currency risk is very much underappreciated.

He added that it is essential that the euro area is doing well, while development is good at the moment. Jansson also noted that the political uncertainty in the US is massive.

On a more domestic view, Jansson stressed that the Swedish economy ‘is doing well’, while the central bank needs to act in case SEK appreciates too much too quickly.

Regarding monetary policy, Jansson deemed as ‘risky’ if the Riksbank attempts to end its QE programme before the ECB.