Sweden’s Riksbank Seeks $4.1 Billion to Restore Equity

By
Annelise Svensdotter
1 min read

Sweden’s Riksbank has formally requested a capital injection of 43.7 billion Swedish kronor ($4.1 billion) to restore its equity to the basic level mandated by law. The central bank incurred substantial losses on bonds accrued during a period of sluggish inflation, prompting the proposal submitted on Tuesday. This move comes as a response to address the impact of the losses on the central bank’s financial position.

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