Sweden Lawmakers to Seek Review of Riksbank Mandate, Reserve
- Finance Minister says government working on FX proposal
- Says proposal won’t come in near future, needs to be reworked
The headquarters of Sweden's central bank, the Sveriges Riksbank.
Photographer: Casper Hedberg/BloombergThis article is for subscribers only.
Sweden’s government should appoint a parliamentary panel to review the central bank’s mandate, according to a preliminary draft recommendation.
The parliament’s Finance Committee also urged the government to present a proposal to the legislature based on a 2013 review led by professor Harry Flam that recommends limiting foreign currency reserves, according to a draft obtained by Bloomberg. The report will be finalized and agreed on at a meeting on Thursday and published the following day.