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Interest rate 500% – the krona floats
07/02/2018 -In autumn 1992, the Riksbank raises the interest rate to 500 per cent to defend the krona. This defence fails and the krona exchange rate is floated.
Sweden signs the Maastricht Treaty
07/02/2018 -After the referendum on EU membership, Sweden signs the Maastricht Treaty. One important part of the treaty is that states will commit to giving their central banks an independent status. The central banks shall stand above political influence...
The Riksbank transfers SEK 2.3 billion to the Treasury
19/02/2018 -The General Council of the Riksbank has, in accordance with the Sveriges Riksbank Act, submitted a proposal to the Riksdag (the Swedish parliament) regarding the allocation of the Riksbank's profits for the financial year 2017. The General...
SEK 4 billion left – the banks are able to accept banknotes until 30 June
02/05/2018 -The older 100 and 500-krona banknotes that became invalid in the summer of 2017 can still be redeemed by banks until 30 June 2018.
High household indebtedness making the Swedish financial system vulnerable
23/05/2018 -High and growing household indebtedness continues to pose the greatest risk to the Swedish economy. Indebtedness has been increasing for a long time and is due, in part, to a poorly functioning housing market and to the tax system not being well...
New law gives the Riksbank more independence
07/02/2018 -The Sveriges Riksbank Act is changed to give the Riksbank a more independent role. The bank’s task of maintaining price stability is also confirmed by law. Moreover, the Riksbank shall promote a safe and efficient payment system.
Lars Heikensten becomes Governor of the Riksbank
07/02/2018 -Heikensten has eight years’ experience of the role of Deputy Governor before he becomes Governor of the Riksbank. During his tenure, he manages interest rate cuts and Sweden’s referendum on the EMU.
The Riksbank awarded first prize for best website
28/01/2019 -The Riksbank has picked up first prize as best website of the year among the world’s central banks. The prize is awarded by the Central Banking Journal in the category Best Website of the Year 2019. In particular, the jury highlighted the...
Cecilia Skingsley’s mandate extended a further six years
01/03/2019 -The General Council of the Riksbank has decided to extend Deputy Governor Cecilia Skingsley’s mandate as an Executive Board member for a further six years as from 22 May 2019. Mrs. Skingsley’s mandate will therefore run until 21 May 2025.
Governor Ingves and Deputy Governor Skingsley at the Riksdag Committee on Finance: hearing on monetary policy
07/03/2019 -Riksbank Governor Stefan Ingves and Deputy Governor Cecilia Skingsley today visited the Riksdag Committee on Finance for a hearing on the Riksbank’s monetary policy.