Central Bank of Sweden has raised discount rate


June 30, Fineko/abc.az. The State Bank of Sweden raised on Thursday the refinancing rate from 0.25% to 0.75%.

ABC.AZ reports with reference to foreign media that according to the forecast of the Executive Board, the refinancing rate will grow further and will approach 2% at the beginning of next year.

The Bank's Board of Directors said that in the 2nd half of the year the assets may decline faster than expected in April.