Central Bank of Iceland lowers interest rates
The Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points. The deposit rate (current account rate) w...
Iceland lowers policy rate
The Monetary Policy Committee (MPC) has voted to lower the deposit rate (current account rate) by 0.5 percentage points to 9%. The maximum volume at w...
Credit card usage drops in Iceland
Credit and debit card use in Iceland has reduced considerably so far this year. Household credit card turnover rates dropped about 13.8 percent from J...
Central Bank of Iceland policy rate lowered
The Monetary Policy Committee has decided to lower the Central Bank of Iceland’s policy rate by 100 basis points to 12.0 percent. Overnight lend...
Iceland puts up interest rate to 18%
The Central Bank of Iceland has announced that the key interest rate will increase by 6% to 18%. The bank recently lowered the rate by 3.5% from 15.5%...
Iceland interest rates unchanged
The Central Bank of Iceland’s board of governors met last week to consider the country’s interest rate and announced that the current rate of 15...
Iceland tackles inflation with interest rate rise
The Central Bank of Iceland announced this morning that it would raise its policy interest rate by 0.5 percentage points to 15.5%. Previously Iceland ...