Bank for International Settlements
2 articlesThe Bank for International Settlements is a Basel-based institution that supports cooperation among central banks. It provides banking services to monetary authorities, publishes monetary and financial research and hosts committees concerned with banking standards, payments and market infrastructure and global financial stability. Often described as a bank for central banks, it does not lend to countries like the IMF or finance development projects like the World Bank.
History of the British Pound: From Anglo-Saxon Silver to Modern Sterling
The pound sterling began as a weight-based unit built around the Anglo-Saxon silver penny and developed into the leading currency of nineteenth-century global finance. This detailed history follows sterling through medieval coinage, the Bank of England, the gold standard, wartime devaluations, Decimal Day, Black Wednesday and today’s floating GBP.
History and Present Condition of the Swedish Krona: From the Riksdaler to Modern SEK
The Swedish krona grew out of centuries of copper, silver, paper money and riksdaler reforms before becoming Sweden’s national currency in 1873. This detailed guide follows SEK through the Scandinavian Monetary Union, the 1992 currency crisis, inflation targeting, the 2003 euro referendum and the increasingly digital Swedish payment system of 2026.