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- Hagsjá/Economic Forecast

Overview of the Icelandic FX market

After floating between 121-125 for most of this year, the EUR/ISK rate rose temporarily above 125 a week ago. At closing yesterday a EUR cost ISK 124.9. FX market turnover in May was only ISK 7.4 billion, compared to ISK 30.3 billion in the same month last year. Turnover during the first 5 months of this year has fallen by 80% YoY.

Icelandic FX market - June 2018


News and Notifications - 21 September 2018 09:28 AM

Landsbankinn pays ISK 9.5 bn in special dividend

On 19 September, Landsbankinn paid a special dividend in the amount of ISK 9.5 bn. The Bank has paid a total of ISK 24.8 bn in dividends in 2018 and total dividends paid since 2013 amount to ISK 131.7 bn. Around 99.7% of dividend payments accrue to the National Treasury.


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B2B english - 21 September 2018 12:45 PM

Renewal of certificate under b2b.fbl.is on 8 October

At 9:00 (GMT+0) on 8 October, a new SSL certificate will be installed in the Landsbankinn Schema on the website b2b.fbl.is. Landsbankinn will continue to use the SHA-2 certificate, and this update is merely occasioned by a renewal of the validity period.


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Hagsjá/Economic Forecast - 21 September 2018 10:45 AM

Overview of the Icelandic FX market

Last week, when the króna had depreciated by almost 7% since the beginning of the month and more than 2% within the day against the euro, the Central Bank intervened and sold 9 million euros. This represents the Central Bank's first intervention on the FX market since November 2017, when the Bank bought 3 million euros.


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