News and notifications

- Hagsjá/Economic Forecast

Overview of the Icelandic FX market

At the beginning of August, the króna began to weaken. Since then, the price of the euro has risen by 10.1% and the price of the US dollar by 12.3%. The trade-weighted exchange rate index has risen by 10.8%. The Central Bank has entered the market twice since the króna entered this weakening phase. Both times the bank sold 9 million euros (ISK 1.2 bn).

Icelandic FX market - October 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.


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.


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.