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Cash is losing ground
29/10/2020 -People in Sweden pay less and less often in cash. In ten years, the proportion paying with cash has fallen from around 40 per cent to less than 10 per cent. Cash is now mostly used for small payments and primarily by older people. Cash is losing...
Are payments in Sweden secure?
29/10/2020 -https://www.riksbank.se/en-gb/payments--cash/payments-in-sweden/payments-report-2021/2.-safety-and-efficiency/are-payments-in-sweden-safe/ Payments in Sweden are secure and there have been few interruptions in the major payment systems in 2020.
SWESTR will be published earlier in the day
31/03/2023 -As from 2 May, the transaction-based reference rate SWESTR will be published at 09.00 instead of at 11.00. The information provided on the transaction dataset for SWESTR will also be expanded. These decisions are in line with the proposals...
Riksbank Study: The Riksbank's asset purchases since 2015 have contributed to lower interest rates and better economic development
21/12/2022 -How have the Riksbank's asset purchases in 2015-2022 functioned? What effects have they had? And what are the experiences of other central banks' purchases? This is described in a Riksbank Study by Björn Andersson, Meredith Beechey Österholm and...
New Staff Memo: SWESTR’s design is robust
23/05/2023 -Compared to the current design of SWESTR, a number of alternative designs have a very small impact on the average level and volatility of the reference rate. This is indicated by the analysis in a new Staff Memo by David Petersson and Ingrid...
Flodén on the economic situation and monetary policy
28/08/2023 -“Inflation is heading in the right direction, but there is still a long way to go and monetary policy will probably need to remain tight for a fairly long period to come.” These comments were made by Deputy Governor Martin Flodén, speaking about...
Measuring the effects of monetary policy on the economy
20/12/2022 -Measuring the effects of monetary policy on the economy How to measure the effects of monetary policy on the economy is a much-discussed issue in economics. It is difficult as monetary policy is not conducted independently of economic...
Riksbank to start selling government bonds on 4 April
13/03/2023 -On 8 February 2023, the Executive Board decided that the Riksbank should offer to sell the Riksbank’s holdings of Swedish government bonds. The aim of this is to tighten monetary policy and thus safeguard the inflation target.
Paying by mobile phone is popular
15/12/2022 -Paying by mobile phone is popular It has become increasingly common to make payments using a mobile phone. Almost everyone aged 15–65 has the Swish application downloaded on their mobile phone. Other ways of paying via mobile phone have also...