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- Economic Forecast

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 - 16 September 2019 08:39 AM

Icelandic Economic Weekly: Monday 16 September 2019

The CBI released the minutes from the last meeting of the MPC. The Government Debt Management Agency published its monthly Market Information report. Registered unemployment was 3.5% in August compared with 2.5% August 2018.


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Weekly bulletin - 09 September 2019 08:59 AM

Icelandic Economic Weekly: Monday 9 September 2019

Statistics Iceland corrected earlier published national accounts for Q2. The CBI published the balance of payment and net external position. After appreciating in the second half of July, the króna depreciated in August and the first days of September.


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News and Notifications - 05 September 2019 01:15 PM

Overview of the Icelandic FX market

After appreciating in the second half of July, the króna depreciated in August and the first days of September. Turnover in the foreign exchange market in August was similar to that in July. The CBI did not intervene in the market in August.


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