Iceland’s central bank raises rates
Iceland’s central bank Sedlabanki raised its key interest rates by 50 basis points after ending capital controls and seeing positive domestic demand. ...
Iceland to lift capital controls
Iceland looks set to end its capital controls following a parliament vote in favour of tightening financial regulations. The Icelandic government has ...
Iceland considers imposing ‘exit tax’ on foreign investors
Iceland is considering making foreign investors who have been unable to retrieve their funds that have been locked in since the nation’s three biggest...
Icelandic premier says LBI will not be exempt from restrictions
Iceland Prime Minister Sigmundur Davíð Gunnlaugsson has insisted that failed bank LBI hf will not be exempt to the country’s capital controls.
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...
Iceland confident of removing capital controls blocking billions
Iceland is confident it will soon be able to remove capital controls that are blocking assets worth around $7.2bn being offloaded, revealed the prime ...
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...