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The Riksbank. The central bank of Sweden. History. World´s oldest central bank. Founded in 1668 1933 P rice stabilty by using monetary policy 1968 Alfred Nobel 1999 Independent status. Tasks. -Price stability Low and stable inflation rate Inflation target 2%
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The Riksbank The central bank of Sweden
History World´soldest central bank. Founded in 1668 1933 Price stabilty by usingmonetary policy 1968 Alfred Nobel 1999 Independent status
Tasks -Pricestability Low and stable inflation rate Inflation target 2% Payment system
How? Monetary policy Time lag Forecasts
Why? Awoid high and variable inflation Makes long term planningmoredifficult Greater uncertainty and higherborrowingcosts Affects the use of resources
The executive board -Stefan Ingves