Economist: New debt writedowns would help Iceland growth
Iceland’s banks must continue writing down household and corporate debt to boost its economic recovery, a leading Reykjavik University economics profe...
Seðlabanki keeps rates unchanged
Iceland’s central bank has kept its key interest rate at six per cent for the ninth rate-setting session in a row, citing low inflation and solid econ...
Iceland keeps rates unchanged after supporting króna market
Iceland’s central bank Seðlabanki has kept its interest rate the same for a seventh meeting in a row after it intervened in the currency market.
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...