Riksbank to add Norwegian and Danish krone to reserves portfolio

Photo by David Lundberg

The executive board of Sveriges Riksbank has decided to add the Norwegian and Danish krone to its international reserves portfolio in order to better meet its foreign exchange requirements, the institution said on November 7.

Swedish banks have liquidity requirements in these Scandinavian currencies, and could require the Riksbank to provide support in the event of a liquidity shortage. The modification aims “to ensure the foreign exchange reserves better reflect the currencies the Riksbank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.