OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Riksbank exchanges EU payment
Sweden’s EU membership entails monthly contributions to the EU’s budget. These payments are made in Swedish kronor by the Swedish government and exchanged into euro in the foreign exchange market by a recipient central bank…
Skingsley: The way from the financial crisis and…
In combination with a series of other reforms of the 1990s, such as the budgetary framework, inflation targeting has contributed to favourable economic development in Sweden: low inflation, high GDP growth, stable increases in real…
The Riksbank would like the BIS to establish…
During 2019, the BIS began to establish innovation hubs in various parts of the world. These have the task of promoting international cooperation and research on innovative financial technology that is relevant to central banks.…
Lower labour shortage could partly explain low wage…
Nominal wage increases in Sweden have been unusually low in recent years, despite a strong outcome for the Swedish labour market. Several indicators point to demand for labour having exceeded supply, which according to the…
Prosperity growth in Sweden compares well with other…
Since the financial crisis, prosperity has had weaker development in many countries, including Sweden. The weak development in Sweden over the past three years has led to a discussion of how prosperity in Sweden compares…
Libra will probably have little impact in Sweden
Libra may become an alternative for certain cross-border payments, but will probably not be used for payments in Sweden to any great extent. These are some of the conclusions drawn in an Economic Commentary published…
ESRB recommendation to Sweden for vulnerabilities in the…
The European Systemic Risk Board (ESRB) has issued warnings to five EEA countries and recommendations to six EU countries for medium-term vulnerabilities in their respective residential real estate sectors. Sweden is one of the countries…
Repo rate unchanged at −0.25 per cent
Good economic activity but increased uncertainty abroad Developments both in Sweden and abroad are largely in line with the Riksbank’s forecasts. However, increasing unease over further deterioration in trade relations and a faster decline in…