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Henry Ohlsson’s mandate extended for five years
02/10/2020 -The General Council of the Riksbank has decided to extend Deputy Governor Henry Ohlsson’s mandate as Executive Board member for five years as from 12 January 2021. Henry Ohlsson’s mandate will therefore run until 11 January 2026.
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...
Minutes of the Monetary Policy Meeting held on 24 April 2019
07/05/2019 -At the Monetary Policy Meeting on 24 April 2019, the Executive Board of the Riksbank decided to hold the repo rate unchanged at –0.25 per cent. The Executive Board assesses that the repo rate will remain at this level for a somewhat longer period...
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...
The Riksbank begins transition to a fully self-financed foreign exchange reserve
13/01/2021 -The Riksbank is replacing external financing of the foreign exchange reserve by purchasing foreign currency on the foreign exchange market between February 2021 and December 2023. The purchases will take place at an even pace, be paid in Swedish...
Brighter outlook, but the risks to financial stability are still elevated
26/05/2021 -With the help of extensive support measures, the Swedish financial system has coped relatively well during the pandemic and a financial crisis has been avoided. Credit supply has been maintained and important funding markets are now working...
Monetary policy decision: Zero interest rate and asset purchases for inflation more lastingly close to 2 per cent
21/09/2021 -The Swedish economy has recovered quickly and inflation is expected to become temporarily higher than 2 per cent in the coming year, before falling back again. Monetary policy needs to remain expansionary for inflation to be lastingly close to...
Cecilia Skingsley to become new Head of the BIS Innovation Hub
07/06/2022 -Cecilia Skingsley has been appointed new Head of the BIS Innovation Hub at the Bank for International Settlements (BIS). Skingsley will therefore leave her post as First Deputy Governor of the Riksbank on 15 August 2022.