Currency restrictions on the Icelandic Krona completely lifted today
From today onwards there will be no limits on currency transactions with the Icelandic Krona. The private sector and institutional investors such as t...
Moody’s upgrades Iceland credit rating
Moody’s Investors Service announced, Monday, that it had moved the country’s credit rating up a notch to Baa2, citing an improved outlook to the...
Pressure mounts to ditch capital controls
The incoming government of Iceland is speculated to ease and remove currency controls before the market becomes too distorted, reports Bloomberg.
IMF: Iceland capital controls to remain through 2015
Icelandic authorities will need to keep capital controls in place through 2015, officials from the International Monetary Fund said. The agency said i...
Iceland to add regulations before the removal of capital controls
Officials in Reykjavik are to introduce new rules for the movement of capital before lifting overall controls.
Icelandic government announces capital account liberalisation strategy
The Icelandic government adopted a revised strategy for gradual liberalisation of capital controls in a cabinet meeting yesterday.
EU ‘ready to help Iceland ease capital controls’
The EU says it is ready to provide Iceland with help and technical guidance in lifting the capital controls currently in operation.
Relaxation of Iceland capital controls to begin
Iceland’s Minister for Economic Affairs, Gylfi Magnuson says that restrictions on capital inflow to Iceland will be lifted next week. The move is an i...