Sweden’s central bank will reduce its international reserves after commercial lender Nordea moved its headquarters to Finland, it said today (March 6).
The move means Sveriges Riksbank has a lower need for emergency liquidity funds. The Swedish central bank will cut its gold and forex reserve portfolio of the Swedish central bank by $8 billion to $48 billion by October 2019. The Riksbank said it will implement the cut by not refinancing currency loans from the Swedish National Debt Office that
