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Repo rate raised to 0.25 per cent

28/04/2022 -

Inflation has risen to the highest level since the 1990s and will be high for some time. To counteract the high inflation from becoming entrenched in price and wage-setting, the Executive Board has decided to raise the repo rate from zero to...

Press & published / Notices and Press releases

Minutes of the Monetary Policy Meeting held on 9 February 2022

21/02/2022 -

Monetary policy needs to give continued support for inflation to be close to the inflation target in the medium term. At its monetary policy meeting on 9 February, the Executive Board of the Riksbank therefore decided to keep the repo rate...

Press & published / Notices and Press releases

Self-financing of foreign exchange reserves to be completed earlier

03/02/2022 -

As of 7 February, the Riksbank is increasing the rate of purchases of foreign cur-rency aimed at replacing the external financing of the foreign exchange reserves. The purchases will be completed by 31 December 2022, instead of 31 December 2023.

Press & published / Notices and Press releases

Strong recovery, but the vulnerabilities in the financial system are growing

10/11/2021 -

The economic recovery in Sweden and abroad has been strong but some slowdown in growth is expected going forward. The Swedish financial system is working well, credit supply has been maintained and important financial markets are functioning...

Press & published / Notices and Press releases

Pandemic accelerating digitalisation of the payment market

03/11/2021 -

Developments on the payment market are very rapid and have been given an extra boost by the pandemic. Sweden has long stood out as a country with low cash usage and high use of cards and digital payment solutions, but now the trend is also...

Press & published / Notices and Press releases

The Riksbank’s Business Survey: “As soon as you find one component, you realise you’re missing another”

22/10/2021 -

Economic activity has continued to strengthen for major Swedish companies since the spring due to strong domestic and global demand. At the same time, there are major disruptions in output and deliveries, which are increasing costs and the need...

Press & published / Notices and Press releases

Per Jansson’s mandate extended by six years

20/08/2021 -

The General Council of the Riksbank has decided to extend Deputy Governor Per Jansson’s mandate as Executive Board member for six years as from 1 Janu-ary 2022. Per Jansson’s mandate will therefore run until 31 December 2027.

Press & published / Notices and Press releases

Minutes of the Monetary Policy Meeting held on 30 June 2021

12/07/2021 -

At the monetary policy meeting on 30 June, the Executive Board of the Riksbank decided to hold the repo rate unchanged at zero per cent and it is expected to remain at this level over the coming three-year period. The Executive Board also...

Press & published / Notices and Press releases

Swap agreement with Federal Reserve extended

01/07/2021 -

The Riksbank has decided to extend the temporary swap agreement for up to USD 60 billion with the Federal Reserve Bank of New York. The extended agreement applies up to and including 31 December 2021.

Press & published / Notices and Press releases

The reference rate SWESTR can be used from 2 September

22/06/2021 -

The Riksbank’s transaction-based reference rate SWESTR can be used in financial contracts as of 2 September 2021. SWESTR can thereby replace STIBOR, on the shortest maturity, as the reference rate in financial contracts. On 1 October 2021, the...

Press & published / Notices and Press releases