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08 Jan 2008 - 05 May 2021
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History
Sveriges Riksbank, or the Riksbank as it is usually called, is the world’s oldest central bank. The Riksbank has a 350 year old history. This includes holding its own against Karl XII, financing the Age of Liberty war, appearing in the murder of Gustav III, competing with A.O. Wallenberg, being forced into the Kreuger affair, regulating the credit market during the first decades of the post-war period and playing the leading role in the 500 per cent defence of the krona. One financial crisis followed another. One can see some of the current discussions reflected in the talk of confidence during the 18th century or the crisis management of the 19th century.
 
Over time the Riksbank has encountered many of the problems that economists have sooner or later used in their theoretical work. Sometimes the Bank has failed, and sometimes the Bank has managed to resolve the problems surprisingly quickly.  Sometimes the Riksbank has learned from the experiences of other countries, and sometimes economic science has been able to guide the way - and nowadays the Bank's own history provides many lessons that can be learned.
 
You can read more about the history of the Riksbank by clicking on the links in the left-hand menu.
EXTERNAL LINKS
 
Order the book Money and power, link to the publishers, Atlantis

CONTENT EXPERT
General Secretariat

LAST REVIEWED
23/03/2009
103 37 Stockholm Brunkebergstorg 11 Phone +46 8 787 00 00 Fax +46 8 21 05 31 Email registratorn@riksbank.se Press contact +46 8 787 02 00
FAQOVERVIEWGLOSSARYLINKSCONTACTIN SWEDISH
The RiksbankInterest & exchange ratesNotes & coinsMonetary policyFinancial stabilityPress & publishedResearch
The Riksbank's role in the economy Asset management at the Riksbank Structure International Co-operation Legislation Money and power – the history of Sveriges Riksbank The Riksbank’s banknote history – Tumba Bruk museum The Riksbank archives Sveriges Riksbank, 10 years as an independent central bank Important date The building Economics prize Work at the Riksbank