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The Swedish financial markets are functioning well despite the continued uncerta...

21 May, 2013 09:30 CET
The Swedish financial markets are functioning well despite the continued uncertainty in the euro area, according to the market participants who responded to the Riksbank's risk survey in spring 2013. It is still developments in the euro area that comprise the main risk to the Swedish financial system in the coming period. The majority of the respondents therefore believe that their propensity and possibility to take...

Minutes of the monetary policy meeting held on 16 April

29 Apr, 2013 09:30 CET
At the monetary policy meeting on 16 April, the Executive Board of the Riksbank decided to hold the repo rate unchanged at 1.0 per cent and to adjust the repo-rate path downwards. Slow increases in the repo rate are not expected to begin until the second half of 2014.
It was noted at the meeting that the recovery in the economy was expected to be gradual and that the labour market would improve next year. An...

Lars E.O. Svensson leaves the Riksbank in May

22 Apr, 2013 09:30 CET
Deputy Governor Lars E.O. Svensson will leave the Riksbank on 20 May when his period of office expires. Mr Svensson has been a member of the Riksbank’s Executive Board since 21 May 2007 and has notified the General Council of the Riksbank that he will not be available for re-election.
"We would like to thank Lars E.O. Svensson on behalf of the General Council for the valuable work he has done during his time at...

Lars E.O. Svensson leaves the Riksbank

22 Apr, 2013 09:30 CET
Deputy Governor Lars E.O. Svensson will leave the Riksbank when his period of office expires on 20 May. The reason is that he has not managed to get support for a monetary policy that he considers would lead to better target fulfilment for both inflation and unemployment.
“I intend to leave the Riksbank when my current term expires, and I am hence not available for a renewed term. The reason is that I have not...

Repo rate unchanged at 1.0 per cent

17 Apr, 2013 09:30 CET
Growth prospects are gradually brightening, but at the same time the forecast is that it will now take longer before inflation attains the target of 2 per cent. The repo rate needs to remain at a low level for a longer period of time to support the recovery to ensure that inflation rises towards the target. The Executive Board of the Riksbank has therefore decided to hold the repo rate unchanged at 1 per cent and to...
Picture of the new 1000-krona note
 

New image on the 1000-krona banknote

25 Mar, 2013 11:45 CET
Copyright issues have now been resolved for the images and symbols to be used on Sweden's new banknotes. The portrait of Dag Hammarskjöld on the 1000-krona banknote will be replaced. Today, the Riksbank is also publishing the mini- and micro-texts that will be found on the new banknotes.
The Riksbank has reached agreement with the copyright holders for the images and symbols that will be used on the new...

Barbro Wickman-Parak will leave the Riksbank in May

4 Mar, 2013 12:15 CET
Deputy Governor Barbro Wickman-Parak will leave the Riksbank on 20 May when her period of office expires. Barbro Wickman-Parak has been a member of the Executive Board of the Riksbank since 21 May 2007 and has notified the General Council that she will not be available for re-election to the Board.
“I have experienced six very eventful years at the Riksbank, to say the least. We have, for instance, had a...

Minutes of monetary policy meeting, February 2013

26 Feb, 2013 09:30 CET
At the Monetary Policy Meeting on 12 February, the Executive Board of the Riksbank decided to leave the repo rate unchanged, at 1.0 per cent.
It was noted at the meeting that growth in the Swedish economy is weak and that inflationary pressures are low. New information supports the picture presented in the December Monetary Policy Update that GDP fell in the fourth quarter of last year, but indicates that the...

Repo rate unchanged at 1.0 per cent

13 Feb, 2013 09:30 CET
Growth in the Swedish economy is still weak and inflationary pressures are low. But there are some positive signs pointing towards stabilisation and strengthening in economic activity over the year. Developments are in line with the assessment made by the Riksbank in December. The repo rate needs to remain low to support the economy and to ensure inflation rises to the target of 2 per cent. The Executive Board of...

The Riksbank transfers SEK 6.8 billion to the Treasury

11 Feb, 2013 09:30 CET
The General Council of the Riksbank has, in accordance with the Sveriges Riksbank Act, submitted a proposal to the Riksdag (the Swedish parliament) regarding the allocation of the Riksbank's profits for the financial year 2012.
The General Council proposes that SEK 6.8 billion be transferred to the Treasury.

The amount of the proposal has been calculated in accordance with the guidelines applied for the transfer of...

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