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 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...
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.
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...