Which central bank was founded in 1668 and is Sweden’s monetary authority?

Sveriges Riksbank is Sweden’s central bank and was founded in 1668.

It developed from the Riksens Ständers Bank, established by the Swedish parliament after the collapse of Stockholms Banco. The institution is widely recognized as the world’s oldest central bank still in existence, giving Sweden a distinctive place in monetary history.

Sveriges Riksbank conducts monetary policy, promotes a safe and efficient payment system, and helps safeguard financial stability. It is based in Stockholm and is independent in carrying out its monetary-policy responsibilities.

The bank is often confused with the Swedish National Debt Office, which manages government debt, or with other Nordic central banks such as Norges Bank. The Riksbank also awards the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, established in 1968.