In case of downward pressure on the krone there is no limit to how much we can increase interest rates. But interventions in the FX market are limited by the initial size of our FX reserves. When the pressure is towards an appreciation, things are the other way around.
Our aim is to ensure that we at the Central Bank can, and do, play our part in strengthening the resilience of the system as a whole, building on what has been achieved since the financial crisis. So what has changed for the domestically relevant banking system since the crisis in terms of its resilience to deal with negative shocks?