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Karl Langenskiöld becomes Governor of the Riksbank

07/02/2018 -

Langenskiöld participates in the work of giving the Riksbank a monopoly on issuing banknotes, 1897. He is widely acclaimed, contributing towards his appointment as Governor of the Riksbank. ...

About the Riksbank / History

The discount rate is used for the first time

07/02/2018 -

Banking firm Barings Brothers triggers an international financial crisis after failed speculations. For the first time, the Riksbank uses the policy rate of the time, the discount rate, to cool down the strong demand for foreign currency.

About the Riksbank / History

The gold standard collapses

07/02/2018 -

After the outbreak of the First World War, most countries leave the gold standard. Exchange rates float against each other and inflation increases heavily. As the discount rate is not raised at the same rate as inflation, the speculation economy...

About the Riksbank / History

Sole right to issue banknotes

07/02/2018 -

Until 1904, the commercial banks have had the right to issue banknotes. Now the Riksbank gains the sole right. ...

About the Riksbank / History

The silver standard is reintroduced

07/02/2018 -

Many previous attempts had been made to stabilise the value of money by making it possible to redeem banknotes for silver. This does not succeed until the reign of Charles XIV Johan. ...

About the Riksbank / History

The Riksbank is renamed

07/02/2018 -

When the Riksdag of the Estates is abolished in 1866, the Riksbank can no longer be called the Bank of the Estates of the Realm. Its new name is Sveriges Riksbank.

About the Riksbank / History

The first modern banknotes

07/02/2018 -

Sweden gets its first banknotes with a modern appearance. They have a horizontal format, are printed on coloured paper and are adorned with figures and other embellishments. ...

About the Riksbank / History

Dictionary - global

06/12/2022 -

Abbreviation for Application Programmable Interface, which is a specification of how different computer programmes can communicate with each other. Enables, for example, fintech companies to connect to banks’ systems and collect a customer’s...

Processing of personal data

27/02/2026 -

The Riksbank safeguards your personal integrity. This information is aimed partly at providing an overall picture of the Riksbank’s processing of personal data in its operations, and partly at providing you as an individual with information on...

About the Riksbank

Open data – information available for re-use

20/01/2026 -

Open data The act (2022:818) (in Swedish only) on the public sector making data available for re-use aims to promote the re-use of documents from the public sector. The law was introduced with the aim of implementing EU directive 2019/1024 from...

About the Riksbank / About the website