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SEB Project Modest SEK Rebalancing Flow At Month-End

SEK

SEB's model "indicates only very small rebalancing needs for typical
Swedish portfolio managers in July and indicates that the most
pronounced currency rebalancing need for a typical Swedish portfolio
manager is to sell USD and SEK while buying GBP. According to our
model the need in July is to sell SEK corresponding to 0.1% of the
portfolio which is smaller than the average selling need of 0.4%."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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