28. November 2018 - Hagsjá/Economic Forecast
The króna has continued to weaken throughout November. At the end of day 27 November the euro stood at 141.5 and had risen by 2.8% MtD. The US dollar stood at 125.3, and had risen by 3.0 MtD. The Central Bank of Iceland has once intervened in the currency market in November, selling 6 million euro on the 14th. This is the third intervention by the CBI since the ISK began to weaken at the beginning of September.
Icelandic FX market - November 2018
News and Notifications - 17 December 2018 02:30 PM
Landsbankinn’s customers can now adjust the withdrawal limit on their credit cards in the Landsbankinn app and online banking for individuals. The extent by which the limit can be raised is determined by a credit framework that automatically calculates credit authorisations.
Vikubyrjun/Weekly bulletin - 17 December 2018 10:09 AM
The Monetary Policy Committee held policy rates unchanged, in line with our expectations. Preliminary estimates for 2017 show that the GDP per capita in Iceland was 30% above the EU28 average.
Vikubyrjun/Weekly bulletin - 10 December 2018 09:52 AM
Statistics Iceland released national accounts for Q3. The CBI released the current account for Q3. The government has decided to present a bill to parliament proposing the liberalisation of capital controls on off-shore króna holders. Icelandair released traffic data for November. Fitch affirmed Iceland at A with a stable outlook.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg.no. 471008-0280
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