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Are payments in Sweden safe?
03/11/2021 -Payments in Sweden are relatively safe. Card fraud is declining substantially, thanks to new regulations with more stringent requirements for customers to identify themselves in connection with making a purchase. In addition, the number of false...
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...
RIX further developed to meet future needs
03/11/2021 -The Riksbank settles the banks’ and other financial institutions’ payments to one another and the aim is to do this as smoothly and efficiently as possible. It is also important for the Riksbank to offer a central payment system that can meet...
The position of cash as legal tender needs strengthening
03/11/2021 -The Riksbank considers that the position of cash as legal tender needs to be strengthened. Those who need to use cash to manage their finances should be able to continue doing so. Cash also plays an important role in times of crisis and elevated...
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...
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...
Swap agreement with Federal Reserve extended
29/01/2021 -The Riksbank has decided to extend the temporary swap agreement for USD 60 billion entered into with the Federal Reserve Bank of New York in March 2020. Since then, the agreement has been extended once and currently applies up to and including...
Climate-related transition risks must be given priority
08/04/2022 -The data and methods available for measuring climate-related transition risks are under development. There is a lot of work going on in this area, in the banks and in organisations at national and international level, but it is important that...
Robert Sirkka new Head of Corporate Services Department
02/05/2022 -The Executive Board of the Riksbank has appointed Robert Sirkka new Head of the Corporate Services Department. Robert comes to the Riksbank from a post as head of operational support at the Swedish Defence Radio Establishment, FRA. He will take...