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Sweden's central bank holds repo rate

2010-04-20 18:00 BJT

Sweden's central bank on Tuesday held it key repo rate unchanged at a quarter percentage point.

 It claims the rate needs to remain low for inflation to achieve 2 percent and support the economy's recovery. However, it expects to begin increasing the repo rate in the summer or early autumn.

Editor: Yang Jie | Source: CCTV.com