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Overview of the Icelandic FX market

Just before Christmas, the króna began to appreciate. The CBI then intervened and bought EUR 3m (4.1bn) on 21 December. The appreciation reversed earlier this month. The CBI sold EUR 33m (ISK 12.3bn) in four days against the depreciation. The CBI sold net EUR 30m, which is about 0.5% of the foreign exchange reserves.

Icelandic FX market - November 2018

 

Weekly bulletin - 24 June 2019 07:44 AM

Icelandic Economic Weekly: Monday 24 June 2019

The Icelandic Tourist Board published its monthly tourism in figures report. Íslandsbanki issued a SEK-denominated bond.


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Macro note - 20 June 2019 10:22 AM

Macro note: 1.7% GDP growth in Q1

In real terms, the economy grew by 1.7% YOY in Q1. Domestic demand decreased by 2.8%, exports increased by 2.6% and imports decreased by 8.1.


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Weekly bulletin - 18 June 2019 09:57 AM

Icelandic Economic Weekly: Tuesday 18 June 2019

The Republic of Iceland issued a new Eurobond. The Government Debt Management Agency published its monthly Market Information report. Registered unemployment was 3.6% in May.


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