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Bretton Woods goes to the grave
07/02/2018 -1973 is an eventful year. The post-war international currency cooperation Bretton Woods goes into the grave and Sweden joins the currency snake, the monetary cooperation of the European Community (EC).
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...
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...
How do I apply for a job at the Riksbank?
07/08/2026 -On this page we have gathered some frequently asked questions about the recruitment process at the Riksbank.
Per Åsbrink becomes Governor
07/02/2018 -When Per Åsbrink takes up his position, Sweden is conducting a low interest rate policy. This changes when he pushes through the ‘interest rate coup’ of 1957. Under Åsbrink, a jubilee foundation is set up in the bank's name, alongside the...
Stock market crash on Wall Street
07/02/2018 -On 24 October 1929, the stock exchange on Wall Street in New York crashes. This event marks the end of the Roaring Twenties and is the start of a worldwide depression. The Riksbank is led by Ivar Rooth.
International commitments and increased regulation
07/02/2018 -Sweden joins the International Monetary Fund and World Bank. New regulations lead the Riksbank to govern the commercial banks with an iron fist.
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. ...
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...
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. ...