Riksbank gets new general council

Sweden's parliament

Sweden's parliament yesterday appointed a new general council to oversee the governance of the Riksbank following national elections last month.

The council appoints the members of the Riksbank's executive board – comprising the governor and deputy governors – which is responsible for Sweden's monetary policy. It also has final say on the central bank's ‘rules of procedure' and the design of banknotes and coins.

The general council can, moreover, present proposals to the Swedish parliament and t

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