Base Currency: SEK
The Riksbank is Sweden's central bank and an authority under the Riksdag, the Swedish parliament. The Riksbank's work entails issuing money and ensuring that they retain their value over time. This is known as monetary policy and the objective is to hold inflation, that is, the general increase in prices, at a low and stable level. The Bank also has the task of ensuring that payments in the economy can be made safely and efficiently.