As previously announced, the Swedish central bank, Riksbank, has now published a press release to inform that on November 27, the bank’s „Search interest rates and exchange rates“ service will finally undergo the announced changes which include the following:
(1) New source and publication time for exchange rates: As announced before, the Riksbank will now use the European Central Bank (ECB) as a source for exchange rates instead of Nasdaq. As a result, exchange rate quotations will be available later in the day, around 16:15 on Swedish banking days, which is around four hours later than the previous time of around 12:10.
(2) Introduction of the new „REST API“: A more user-friendly and modern API for interest rates and exchange rates will be launched, replacing the old „SOAP API“. Specifically, on November 27, 2023, the beta version period of the new „Rest API“ will come to an end and the final new „REST API“ will be available. Users will need to register on the Riksbank’s production API portal to access the new API. For convenience purposes, the „SOAP API“ will be gradually phased out over a period of 6 months.
(3) Enhancements to the website’s search form: The Riksbank is working on improving the online search form and function to facilitate easier access to exchange rates and interest rates. This updated form will be available on November 27, 2023 as well.
