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Theory and Practice of Central Banking Evolution
Which is recognised as the world's first central bank and in which year was it established?
Sveriges Riksbank, Sweden, established in 1668.
In which year was the Riksbank endowed with the monopoly of note issue?
In 1897.
In which year was the Bank of England founded and under what instrument?
1694, under a Royal Charter of the United Kingdom.
By what nickname is the Bank of England popularly known?
The Old Lady of Threadneedle Street.
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