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 ...
Iceland central bank committee to finalise law review by March
A panel looking into the legal framework for Sedlabanki is to deliver its proposals at the start of March, its chairman has announced.
Iceland lowers interest rates
For the first time in two years, Iceland has cut its interest rates in order to fight low interest rates and boost price increase rates.
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...
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...
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.
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...
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...