Riksbank: What You Need to Know
The Central Bank of Sweden
The Riksbank is Sweden's central bank, responsible for monetary policy and ensuring the stability of the financial system.
A Historical Institution
Founded in 1668, the Riksbank is the oldest surviving central bank in the world and the third oldest bank of any kind.
Mission and Responsibilities
The Riksbank's primary goals include:
- Maintaining price stability
- Promoting financial stability
- Facilitating efficient payment systems
Digital Currency Exploration
In response to declining cash use, the Riksbank has been exploring the potential of issuing a digital currency, known as the e-krona.
Banking Innovations
The Riksbank was the first bank in Europe to issue paper money in 1661 and has consistently been at the forefront of banking innovation.
International Cooperation
The Riksbank actively participates in international organizations such as the Bank for International Settlements (BIS) and the European System of Central Banks (ESCB).
Promoting Financial Literacy
The Riksbank places great importance on promoting financial literacy and providing educational resources to the public.
Contact Information
Website: www.riksbank.se/en/
Phone: +46 (0)8 787 00 00
Address: Brunkebergstorg 11, 101 10 Stockholm, Sweden
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