STOCKHOLM (Reuters) – Sweden’s central bank said it had agreed with the U.S. Federal Reserve to extend a $60 billion swap agreement signed during spring last year until Sept. 30 this year.
The arrangement gives the central bank access to dollars in case liquidity in the Swedish and international banking systems dries up. So far, Swedish banks have used around $2 bln of the $60 billion facility, the Riksbank said earlier this month.
(Reporting by Simon Johnson; editing by Niklas Pollard)
