Sweden’s Retail Sales Jump Most in Five Years, Backing Riksbank
Swedish shoppers drove retail sales to their highest monthly gain since before the pandemic, adding to signs of recovery in ...
Swedish central bank calls for more action by banks on Tips cross-currency project
Sweden's central bank is calling on banks to join in the ongoing work to enable instant cross-currency payments within Europe ...
Investing1mon
Bank of Sweden
Sveriges Riksbank is Sweden’s central bank and a public authority under the Riksdag, the Swedish parliament. The Riksbank is responsible for conducting monetary policy, the objective of which is ...
Nordea Sees Both Sweden and Norway Done With Easing by July
Central banks in Sweden and Norway are both likely to end this easing cycle in less than six months amid an expected domestic ...
commodity2d
How Did Sweden’s National Debt Get So Low? Hint: Retirement Funds
King Gustav III of Sweden set up the Swedish National Debt Office as the Riksgäldskontoret in 1789 to raise funds for a war with Russia. The country already had a central bank, the Sveriges ...
Business Insider India8y
Sweden is the world’s first cashless economy and has negative bank interest rates. Can Indian middle class handle it?
That sounds quite futuristic until you know the truth. The Interest Rate at Sveriges Riksbank, the central bank in Sweden is -0.500% since last February. Although retail banks are yet to pass on ...
Barron's8mon
Sweden's Riksbank Is Second Major Central Bank to Cut Rates. It Says Brace for More.
The Riksbank cut its key interest rate to 3.75% from 4% on Wednesday, but the Swedish krona's weakness poses a clear inflation risk and this decision could cause the currency to fall even more ...
Cryptopolitan on MSN7h
ECB cuts interest rates again, says they want nothing to do with Bitcoin
On Jan. 30, the European Central Bank (ECB) decided to cut its three key interest rates by 25 basis points. This brings the ...