Riksbank changes currency allocation

Sweden's Riksbank announced on Friday 21 April that it has reallocated the currency holdings in the bank's foreign currency reserves. The changes include a move away from US dollar holdings in favour of euros.

The reallocation, which has been carried out over the past four weeks, has not affected the krona exchange rate.

The purpose of the reallocation has been to reduce the effect of exchange rate fluctuations on the foreign currency reserve's annual result measured in Swedish kronor. The cho

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