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The Riksbank proposes a review of the concept of legal tender
29/04/2019 -The Riksbank proposes that a committee with broad-ranging expertise shall be tasked with performing a review of the concept of legal tender and of the role of central bank money in a digitalised economy. The committee should also review the role...
European gold agreement will not be renewed
26/07/2019 -The European Central Bank (ECB) and 21 other European central banks, including the Riksbank, have jointly decided not to renew the Central Bank Gold Agreement (CBGA) upon its expiry in September 2019. The first agreement was signed in 1999 to...
Riksbank simplifies operational framework
01/10/2019 -The Riksbank is making the operational framework for the implementation of monetary policy simpler and more flexible. This change will be implemented in two stages, starting 9 October 2019. The changes will not affect the Riksbank’s decisions on...
Repo rate unchanged at −0.25 per cent
24/10/2019 -After several years of strong economic activity and inflation close to the target of 2 per cent, the Swedish economy is slowing down and the economic conditions are becoming more normal. In recent months, inflation has indeed fallen back, but...
No significant increase in financially vulnerable firms during the first year of the pandemic
28/10/2021 -The total number of financially vulnerable firms did not increase significantly during the first year of the pandemic compared to 2019. This is shown in a new study by Cristina Cella of the Riksbank's Financial Stability Department. However,...
Pandemic hastening development towards digital payments
03/11/2021 -During the coronavirus pandemic, the use of cash has declined in Sweden and in many other countries. Instead, contactless payments and other digital forms of payment have become more common. This is partly because we have shopped more online and...
International harmonisation affects Sweden
03/11/2021 -Payments in the euro area often function as smoothly as payments within Sweden’s borders. Payments to other countries, however, may still be slow and expensive. To improve payments between countries, international work is under way on...
Are payments efficient?
03/11/2021 -Payments in Sweden are on the whole efficient. Digitalisation means that society's costs for payments fall, as digital means of payment are cheaper than payments in cash. However, this development is problematic for people who do not use digital...
The Riksbank is actively participating in the international cooperation
03/11/2021 -The development towards an increasing number of digital payments has received an extra push from the pandemic. At the same time, central banks and international organisations are addressing the fact that cross-border payments can still be...