"The combined action of monetary and fiscal stimulus around the world has kept risk appetite up, and the SEK tends to do well in these kind of circumstances," AP1 chief executive Kristin Magnusson Bernard said in an interview in Stockholm.
"You also have the flow arguments, as a lot of investors have been structurally underweight the SEK for so long," said the 41-year-old, who heads a state pension fund with about EUR 34.3bn under management.
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