Although the bank was private, it was the king who chose its management: in a letter to Palmstruch, he gave permission to its operations according to stated regulations.

Due to the failure of Stockholm Banco, the new bank was managed under the direct control of the Riksdag of the Estates to prevent the interference from the king.

The bank also managed national trade transactions as well as continuing to provide credit to the general public.

Behind the decision were repeated demands that the private banks should cease to issue notes as it was considered that the ensuing profits should befall the general public.

This law was renewed every year until the new constitution was ratified in 1975 which split the bank from the government into a stand-alone organization not obligated to exchange notes for gold.

A few months later, in January 1993, the Governing Board of the Riksbank developed a new monetary policy regime based on a floating exchange rate and an inflation target.

A direct consequence of the changing times was that the Riksbank closed down all its branches in Sweden and outsourced the handling of coins and bills to a private company.

The motto of the Bank is Hinc robur et securitas, which is Latin for "Herefore strength and security" ("Härav styrka och säkerhet").

The bank's Deputy Governor Lars E. O. Svensson stated that he had preferred a cut of the repo rate to 0.00%, as this would "entail a better balanced monetary policy, with lower unemployment and higher resource utilisation without inflation deviating too far from the target.

"[9] The Swedish move to a negative discount rate was followed with great interest by central banks around the world.

The Riksbank announced at the same time that it would buy government bonds for SEK 30 billion, and that more measures would likely follow.

Facing a natural drop in the use of cash by the Swedish population, the Riksbank is pioneering the idea of introducing a central bank digital currency, the e-krona.

The Bank released its first interim report in September 2017 which outlined that "no major obstacles to the introduction of an e-krona have been identified".