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Sveriges Riksbank

Riksbank's general council backs extra dividend

SWEDEN - The General Council of Sweden's Riksbank Friday presented a proposal to the Swedish parliament recommending that an additional SEK20 billion of the central bank's net income for 2001 be transferred to the Treasury.

Speech by Eva Srejber of Sveriges Riksbank

SPEECH - In the speech titled 'Life outside Euroland' Srejber said that the latest reports pointed to a transition period of between two and three years from a referendum until EMU entry. However, she said, "this preparation time can be shortened…

Speech by Urban Backstrom of Sveriges Riksbank

SPEECH - In the speech Backstrom said "The picture of inflation continues to be a problem that cannot be disregarded...the Riksbank must keep a close eye on new inflation statistics, deepen the analysis in the event of deviations and weight this into the…

Riksbank's Persson - Sweden should join EMU

SWEDEN - Sweden should enter European Economic and Monetary Union to offset the risks of price swings and better align the economy with its chief export market, the Riksbank's deputy governor, Kristina Persson, said in a speech Tuesday.

Riksbank publish 2001 Financial Stability Report

RESEARCH - The Sveriges Riksbank, Sweden's central bank, has published its Financial Stability Report for May 2001. They report that the banking sector appears well-equipped to manage the effects that could ensue from a general economic slowdown.

Costs of forex intervention - evidence from Sweden

ARTICLE - Boo Sjoo and Richard Sweeney have published an article "The foreign-exchange costs of central bank intervention: evidence from Sweden" in the latest issue of Journal of International Money and Finance. The study supports the view that the…

Swedish inflation risks receding-Riksbank

Sweden's central bank, the Riksbank, said on Feb 26, 2001 that inflation risks appeared to have diminished since it raised interest rates in December 2000, although the outcome of the current wage round could affect the picture.

Swedish cbank board member mulled rate cut-minutes

Sweden's central bank, or Riksbank, said on Feb 15, 2001 its board, which sets monetary policy, had agreed unanimously at its last meeting on Feb 1, 2001 to keep the key repo rate unchanged at 4.00 percent. During the monetary policy discussion, however,…

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