Sweden raises interest rates

The Riksbank (The Swedish Central Bank)raised interest rates by 25 basis points to 3.75 per cent on the 7 September 2007, despite the current turmoil in global financial markets.

Sweden: Riksbank: Press Release, 7.9.07: Repo rate raised by 0.25 percentage points to 3.75 per cent http://www.riksbank.com/templates/Page.aspx?id=25681

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