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The November Revolution
07/02/2018 -The internationalisation of the financial market leads increasing numbers of countries to soften up their financial market regulation in the 1970s and 1980s. Sweden resists long, but starts to dismantle regulation in 1985.
Sweden signs the Maastricht Treaty
07/02/2018 -After the referendum on EU membership, Sweden signs the Maastricht Treaty. One important part of the treaty is that states will commit to giving their central banks an independent status. The central banks shall stand above political influence...
Lars Heikensten becomes Governor of the Riksbank
07/02/2018 -Heikensten has eight years’ experience of the role of Deputy Governor before he becomes Governor of the Riksbank. During his tenure, he manages interest rate cuts and Sweden’s referendum on the EMU.
The krona is pegged to the ECU
07/02/2018 -On 17 May 1991, the Riksbank decides to peg the krona to the European Currency Unit (ECU). This link is unilateral. There is no agreement with the EC countries and no obligation to maintain a particular exchange rate. To begin with, the ECU link...
Urban Bäckström becomes Governor of the Riksbank
07/02/2018 -By the time Urban Bäckström becomes Governor of the Riksbank, the financial system has started to recover from the financial crisis. The Riksbank becomes formally independent. Sweden joins the EU and preparations for the possibility of joining...
The Riksbank’s 350th anniversary
26/01/2019 -In 1668, the Riksdag, Sweden's parliament, decided to found Riksens Ständers Bank (the Estates of the Realm Bank), which in 1867 received the name Sveriges Riksbank. The Riksbank is thus the world’s oldest central bank. In 2018, the Riksbank...
Stefan Ingves becomes Governor of the Riksbank
09/02/2018 -Ingves is Governor when the Executive Board takes the historic decision to cut the repo rate to zero in 2014 and then to introduce a negative interest rate in 2015.
New banknotes and coins
09/02/2018 -In 2015 and 2016, Sweden gets a new, modern banknote and coin series. A new denomination, the 200-krona banknote, is also introduced. The Riksbank also starts to issue the 2-krona coin again. The banknotes have new security features and the...
Anniversary conference
12/07/2018 -The anniversary conference, that took place on 25 May 2018, marks the official celebration by the Riksbank and the Riksdag of the 350th anniversary of the Riksbank. A special anniversary conference where held on the theme “The role of central...
Sveriges Riksbank reaches the age of 350
09/02/2018 -Sveriges Riksbank reaches the age of 350. We are marking this with a number of activities. In this way, we wish to disseminate knowledge about the Riksbank's role in the Swedish economy and about important future issues.