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Sveriges Riksbank

Sweden's central bank signs for RTGS system

Sweden's central bank Sveriges Riksbank has contracted with Italian IT provider Societa Interbancaria per l'Automazione (SIA) for the delivery and implementation of a real time gross settlement (RTGS) system.

Minutes from the Sveriges Riksbank Meeting, 20 Jun

The Sveriges Riksbank published the minutes from its 20 June Executive Board meeting on 5 July. In Sweden economic activity has slowed, the minutes said. In the first quarter GDP growth was much lower than estimated by the Riksbank and other forecasters.

Sweden to discontinue old notes and coins

The Sveriges Riksbank said on Wednesday 29 June that a number of old banknotes and coins to the value of almost SEK 5 billion will cease to be legal tender from 1 January 2006.

Sveriges Riksbank Inflation Report, No. 2, 2005

Sweden's central bank, the Sveriges Riksbank, published its Second Inflation Report for 2005 on 21 June. The bank also announced it had decided to lower the repo rate from 2 per cent to 1.50 per cent. It said over the coming years UND1X inflation is…

Minutes from the Sveriges Riksbank Meeting, 28 Apr

The Sveriges Riksbank published the minutes from its 28 April Executive Board meeting on 17 May. A member emphasised that growth in the world economy was still high, but said that it had become more unevenly distributed and that the performance seemed…

Sveriges Riksbank Economic Review 1st Quarter 2005

The Sveriges Riksbank has published its Economic Review for the 1st Quarter 2005. This year's first issue contains four articles: on the relationship between monetary policy and employment, on the inflation target, on the upswing in productivity growth…

Sweden leaves repo rate unchanged at 2 per cent

At its meeting on 28 April, the Executive Board of the Sveriges Riksbank decided to leave the repo rate unchanged at 2 per cent. Inflation, measured in terms of UND1X, is expected to be in line with the Riksbank's target a couple of years ahead, the bank…

Rosenberg: Why is Swedish inflation so low?

In the speech 'Why is Swedish inflation so low?' given on 13 April, Irma Rosenberg of the Sveriges Riksbank said that Sweden's current low inflation rate was being driven by supply factors which are favourable to Sweden's economic performance and are…

Sweden's Bergstrom on inflation

In a speech on 5 April Sveriges Riksbank deputy governor Villy Bergstrom said the key driving forces behind the currently low inflation, i.e. the rapid productivity growth and the low imported inflation, are factors that monetary policy can do very…

Sweden's Executive Board to visit Jamtland

The Executive Board of the Sveriges Riksbank will visit Jamtland county on 7-8 April. The Board said it would hold a meeting in stersund and make some study visits in the region. The meeting is one of several held outside Stockholm in recent years.

Sveriges Riksbank Inflation Report, No. 1, 2005

Sweden's central bank, the Sveriges Riksbank, has published its First Inflation Report for 2005. The Riksbank's assessment is that the economic upturn will continue over the coming years and that resource utilisation will increase gradually both in…

Sweden's Heikensten on monetary policy

In a speech on 'Introduction on monetary policy' given on 15 March, Lars Heikensten of the Sveriges Riksbank told the government's finance committee that the board left interest rates unchanged because too much emphasis had recently been placed on the…

Sweden's Heikensten on Riksbank's monetary policy

In the speech 'Thoughts on how to develop the Riksbank's monetary policy work' given on 22 February, Lars Heikensten of the Sveriges Riksbank said it is sometimes claimed in the general debate that the Riksbank and other inflation-targeting countries…

Sweden's Nyberg on household debt burden

Speaking at a breakfast meeting in Malmo on Friday 11 February Sveriges Riksbank Deputy Governor Lars Nyberg said households currently have on average debts amounting to 125 per cent of their annual income, which is almost as much as the figure…

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