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Riksbank Has Cash Stash to Handle Potential Negative Rate Run

2015-02-10 15:25:20| Appliances - Topix.net

Nordea Bank AB chief executive officer Christian Clausen said Jan. 28 that the Nordic region's biggest bank will eventually have to start charging clients to deposit money in markets where central bank rates are negative. Photographer: Casper Hedberg/Bloomberg -- Sweden's central bank says it has enough cash in its coffers should negative interest rates cause depositors to withdraw their funds from banks.

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