Riksbank Act

The Riksbank Act is Sweden’s law that defines the purpose, responsibilities, and governance of the Riksbank, the country's central bank. It mandates the bank to maintain price stability, support a safe and efficient payment system, and ensure financial stability. The Act sets out how the bank is organized, its decision-making processes, and its accountability to Parliament. Essentially, it provides the legal framework guiding the Riksbank’s role in managing the country's monetary policy and financial system to promote economic stability and growth.