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Öre abolished as unit of coinage

09/02/2018 -

The last Swedish öre coin, the 50-öre, ceases to be valid. This means that the 1-krona is the lowest coin denomination, but the öre remains as an arithmetical unit. ...

About the Riksbank / History

Eberstein takes the gavel

09/02/2018 -

Susanne Eberstein becomes the first female Chairperson of the General Council of the Riksbank. ...

About the Riksbank / History

Global financial crisis

09/02/2018 -

When the US investment bank Lehman Brothers fails, it leads to a global financial crisis, the worst since the depression of the 1930s. Sweden manages relatively well.

About the Riksbank / History

Measures during the coronavirus pandemic

11/08/2021 -

The Riksbank is taking a large number of measures to alleviate the economic effects of the coronavirus pandemic and support the Swedish economy.

About the Riksbank / History

Decision on a new Sveriges Riksbank Act

10/03/2023 -

The Riksdag decides to adopt a new Sveriges Riksbank Act that enters into force on 1 January 2023.

About the Riksbank / History

Erik Thedéen becomes Governor of the Riksbank

14/10/2024 -

Erik Thedéen takes over as Governor of the Riksbank from 1 January 2023.

About the Riksbank / History

The Caps create deflation

07/02/2018 -

The Caps take over power from the Hats and assign the board of governors the task of restoring the value of money to what it had been 30 years ago. This leads to a severe deflation crisis. ...

About the Riksbank / History

Many types of coin become one

07/02/2018 -

In the 18th century, there are many different coins and counterfeits are common. Consequently, Johan Liljencrantz, Minister of Finance under Gustav III, carries out a coin reform so that only one coin, the riksdaler, is left. At the same time,...

About the Riksbank / History

Private banks issue their own banknotes

07/02/2018 -

Swedish commercial banks start to emerge again, with the first being Skånska Privatbanken in Ystad. The bank had the right to issue banknotes, subject to certain terms. Thirty other banks followed due. ...

About the Riksbank / History

The Swedish National Debt Office is established

07/02/2018 -

The Swedish National Debt Office is created to manage sovereign debt and fund the war with Russia. The Swedish National Debt Office issues bonds against interest, which rapidly start to be used as banknotes.

About the Riksbank / History