Sweden raises rates to 4 per cent

Sweden’s central bank raised interest rates by 25 basis points to 4 per cent on the 30 October 2007 and used the announcement to caution for the first time that the country may not escape unscathed from global market turmoil.

Website: Sweden: Riksbank http://www.riksbank.com/

Sweden: Riksbank: Press Release, 30.10.07: Repo rate raised by 0.25 percentage points to 4 per cent http://www.riksbank.com/templates/Page.aspx?id=25993

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