Sveriges Riksbank
a.k.a. Riksbank
Sweden's central bank and the oldest central bank in the world, founded in 1668.
In plain English
Sweden's central bank and the oldest central bank in the world, founded in 1668.
Sveriges Riksbank is Sweden's central bank, and the oldest one still operating, dating back to 1668. It sets the policy rate that steers the Swedish krona and targets 2% inflation.
It is also known for experimenting. It was among the central banks that took rates below zero in the 2010s and has studied a digital krona. Fun fact: it funds the economics prize awarded alongside the Nobel Prizes.
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