> Riksbank Rate Decision September 2025: Cut 25 bp to 1.75% > Source: https://interestratedecision.com/riksbank/september-2025/ · Content last changed: 2025-09-23 > InterestRateDecision.com: free to quote with a link to the page above. Cut 25 bp to 1.75%, 25 bp more dovish than expected (Sveriges Riksbank, Sep 23, 2025). EUR/SEK: hour-before range 353 pips, first spike 187 pips above, +47… # Riksbank Interest Rate Decision, September 2025 The Sveriges Riksbank lowered the policy rate 25 bp to 1.75% on September 23, 2025, 25 bp more dovish than expected. Decision**1.75%**▼ cut −25 bp Against expected**25 bp more dovish than expected**expected 2.00% Previous**2.00%**policy rate EUR/SEK one hour later **+47 pips** from the last price before Figures as of Nov 3, 2026, 10:15 AM UTC. The result ## What the Riksbank decided in September 2025 The move **−25 bp** Cut 25 bp to 1.75%, from 2.00%. Against expected **−25 bp** Economists expected: hold at 2.00%. The decision was 25 bp more dovish than expected. Timing **9:30 AM GMT+2** Tuesday, September 23, 2025; press conference at 11:00 AM GMT+2. What price did ## EUR/SEK after the Riksbank decision, minute by minute One-minute candles, Stockholm time. The box is the hour before the announcement. [How we measure](https://interestratedecision.com/about/#method). 1. **The hour before**EUR/SEK ranged 353 pips, from 11.01638 to 11.05170, and was at 11.01638 at the announcement. 2. **The first spike** After 0 minutes price went through the hour's high and ran 187 pips past it. 3. **The close back** A five-minute candle closed back inside the range after 5 minutes. 4. **The other side** Price then traded through the opposite edge of the range within four hours. 5. **The moves** From the last price before the announcement: +262 pips at 15 minutes, +47 pips at one hour, −380 pips at four hours. For context Across 14 measured Riksbank decisions since January 2025, the first spike closed back inside the hour-before range within 60 minutes in 12 (86%), and in 5 of those price then took the other side within four hours. In the other 2 the first move held. Median move in the first 15 minutes: 177 pips. This decision is one of the closed-back cases. Counts include the decisions where it did not close back. [All Riksbank dates](https://interestratedecision.com/riksbank/#dates) · [Riksbank overview](https://interestratedecision.com/riksbank/). [← Previous decision**Riksbank, August 2025**Held at 2.00%](https://interestratedecision.com/riksbank/august-2025/) [Next decision →**Riksbank, November 2025**Wed, Nov 5, 9:30 AM GMT+1](https://interestratedecision.com/riksbank/november-2025/) **The same week:** [SNB, Thu, Sep 25](https://interestratedecision.com/snb/september-2025/) · [this week's decisions](https://interestratedecision.com/this-week/) **Riksbank:** [Will the Riksbank raise or cut rates?](https://interestratedecision.com/riksbank/will-the-riksbank-raise-rates/) · [Riksbank rate odds](https://interestratedecision.com/riksbank/rate-odds/) · [Riksbank meeting dates 2025](https://interestratedecision.com/riksbank/meeting-dates-2025/) · [Riksbank rate history since 2008](https://interestratedecision.com/riksbank/rate-history/) · [all central bank rates](https://interestratedecision.com/central-bank-rates/) Questions ## Riksbank September 2025 decision: questions What time was the Riksbank interest rate decision on Sep 23, 2025? It was announced at 9:30 AM GMT+2 (3:30 AM EDT New York, 8:30 AM London London), with the press conference at 11:00 AM GMT+2. What did the Riksbank decide in September 2025? Cut 25 bp to 1.75% (previous 2.00%). Economists expected: hold at 2.00%, so the decision was 25 bp more dovish than expected. How did EUR/SEK react to the Riksbank decision in September 2025? On one-minute candles: the hour before ranged 353 pips; the first spike went above it by 187 pips; a five-minute candle closed back inside after 5 minutes; after one hour EUR/SEK was +47 pips from its pre-announcement price. By Forexia ## Learn the read behind every projection. Forexia teaches the same read this site measures: where the stops rest before a release, the hunt, and the close back that says it is done. Courses, live signals for members, and a community of traders who chart the same way. [Explore Forexia](https://forexiapro.com/?via=interestratedecision) [Free Telegram channel](https://t.me/forexia2)