News stories by Stefan Ingves

STOCKHOLM, Aug 03 (IPS) - Stefan Ingves is the governor of Sveriges Riksbank, the central bank of Sweden, described as the world's oldest central bank.

Sweden is rapidly moving away from cash. Demand for cash has dropped by more than 50 percent over the past decade as a growing number of people rely on debit cards or a mobile phone application, Swish, which enables real-time payments between individuals.