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Iceland’s central bank likely to increase interest rates

Iceland’s central bank has said that it is likely to raise interest rates in June because of higher inflation forecasts and increasing demand, on the ...

Finance, IcelandMay 19, 2015
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Iceland: Central bank governor could be replaced

Iceland has advertised the central bank governor position after current governor Már Guðmundsson questioned the government’s decision to go ahead with...

Finance, IcelandFebruary 27, 2014
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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...

Economy, IcelandDecember 30, 2013
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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.

Economy, FinanceMay 29, 2013
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Central bank starts buying forex

In preparation for the unwinding of capital controls that have been in place since the 2008 banking collapse, Iceland’s central bank has started selli...

Finance, IcelandMay 24, 2013
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Risk in removing Iceland’s capital controls

Capital controls introduced in the wake of the 2008 financial crisis are becoming increasingly difficult remove due to the swelling amount of money he...

Finance, IcelandMay 15, 2013
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Iceland central bank: krona will never float again

The head of Iceland’s central bank has said that floating the krona without the use of controls is never likely to happen again.

Economy, IcelandFebruary 24, 2013
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Iceland leaves inflation rate unchanged in January

Iceland’s rate of annual inflation saw no change in January, Bloomberg Businessweek reported. Analysts in Reykjavik said that the news comes largely a...

Economy, FinanceFebruary 10, 2013
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