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Sveriges Riksbank´s Foreign Exchange Reserve, 1823–2023

Author

Listed:
  • Ingman, Gustav

    (Stockholm University)

Abstract

Recently, there has been increasing research interest in the historical composition of central bank reserves. However, studies in this area is hindered by a lack of data, as such data spanning multiple centuries is only available for a small number of countries. This paper presents an empirical analysis of the development of the Swedish Riksbank’s foreign exchange (FX) reserves from 1823 to 2023. It introduces two new datasets: a monthly time series with the composition of the FX reserve’s components from 1908 to 2023, and an annual dataset providing the distribution of foreign currencies within the FX reserve from 1823 to 2023. This paper offers new insights into the long-run evolution of the central bank reserves of Sweden, contributing to the broader understanding of the trajectory of historical foreign currency reserves. It is published together with an appendix file containing the data.

Suggested Citation

  • Ingman, Gustav, 2025. "Sveriges Riksbank´s Foreign Exchange Reserve, 1823–2023," Working Paper Series 449, Sveriges Riksbank (Central Bank of Sweden).
    • Handle: RePEc:hhs:rbnkwp:0449
    as

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    References listed on IDEAS

    as
    1. Gjermund Forfang Rongved, 2024. "Finding common ground: rebuilding the Scandinavian Monetary Union in the interwar years," Scandinavian Economic History Review, Taylor & Francis Journals, vol. 72(3), pages 228-247, September.
    2. Jonung, Lars, 1979. "Knut wicksell's norm of price stabilization and Swedish monetary policy in the 1930's," Journal of Monetary Economics, Elsevier, vol. 5(4), pages 459-496, October.
    3. Alina Iancu & Gareth Anderson & Sakai Ando & Ethan Boswell & Andrea Gamba & Shushanik Hakobyan & Lusine Lusinyan & Neil Meads & Yiqun Wu, 2022. "Reserve Currencies in an Evolving International Monetary System," Open Economies Review, Springer, vol. 33(5), pages 879-915, November.
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    More about this item

    Keywords

    Central; bank; balance; sheet;; Reserve; currencies;; Currency; composition;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-

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