News and notifications

- 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 - 15 November 2018 09:15 AM

Landsbankinn changes interest rates

Today, Landsbankinn has raised non-indexed deposit and lending rates by 0.10-0.25 percentage points and lowered variable indexed deposit and lending rates by 0.10 percentage points. Rates on domestic foreign currency accounts have also been increased.


More

Vikubyrjun/Weekly bulletin - 12 November 2018 10:53 AM

Icelandic Economic Weekly: Monday 12 November 2018

The MPC raised policy rates by 0.25 percentage points. Concurrent with the policy rate decision, the CBI released its quarterly Monetary Bulletin. Icelandair Group acquired WOW air. Íslandsbanki released results for the first 9 months of the year.


More

News and Notifications - 07 November 2018 09:12 AM

Resigns as a Member of the Board of Directors of Landsbankinn hf.

Samúel Guðmundsson has resigned from the Board of Directors of Landsbankinn. Samúel was elected as alternate to the Board of Directors in April 2016 and became a regular member in March 2018.


More