Iceland bank to hold forex auction
Iceland’s central bank has announced that it will hold auctions in February where it will offer to purchase euros in exchange for treasury bonds or Ic...
Loophole in Iceland exchange controls closed by secretive bill
The Icelandic parliament late last night changed the law on currency exchange restrictions to close a loophole which had been discovered. Lawmakers we...
Icelandic krona exchange rates reflect recovery of national economy
Written by Tom Cleveland, foreign exchange market analyst: While the major foreign exchange event of the past decade would surely be the highly succes...
Capital account liberalisation strategy approved
Press release from the Central Bank of Iceland: The Icelandic Government has approved a strategy for removal of capital account restrictions, which wa...
Tourists being ripped off for ISK at London airports
After a period during which Icelandic kronur were virtually unavailable outside of Iceland, travellers are once again able to buy the currency before ...
Krona tops and euro also good
After trading very well over recent days, the Icelandic krona has weakened slightly today, in trading New Glitnir describes as “very light”.
Krona on international currency market today
The Central Bank of Iceland yesterday confirmed that the Icelandic krona will begin to be traded again on the interbank market today, MBL.is reports. ...