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The krona is pegged to the dollar

07/02/2018 -

A few days before the outbreak of the Second World War, Sweden pegs the krona to the dollar instead of sterling. ...

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

Monetary policy subordinated

07/02/2018 -

Compared with the First World War, the economic policy conducted in the Second World War is successful. The Government's policy was focused on keeping interest rates down. The Riksbank’s independence is restricted.

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

Volume II: House Prices, Stock Returns, National Accounts, and the Riksbank Balance Sheet, 1620–2012

01/02/2018 -

23 April 2014 saw the publication of a new book of statistics concerning the emergence of the Swedish monetary and financial systems, Historical Monetary and Financial Statistics for Sweden, Volume II: House Prices, Stock Returns, National...

About the Riksbank / Tasks and operations

Jaap Bos, Maastricht University

18/06/2018 -

Information sharing, credit market competition and loan performance...

About the Riksbank / Tasks and operations

Gyongyi Loranth, University of Vienna

18/06/2018 -

Bank Regulation: Management Compensation and Capital...

About the Riksbank / Tasks and operations