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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

 

News and Notifications - 15 July 2019 11:00 AM

Landsbankinn Chosen Best Bank in Iceland

The international financial magazine Euromoney has selected Landsbankinn as the best bank in Iceland. Each year Euromoney designates the best banks around the world, granting them recognition with its Award for Excellence. In the selection, various factors are considered in banks' operations and policies, such as the results of their regular operations, cost optimisation and service offerings.


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Weekly bulletin - 22 July 2019 09:52 AM

Icelandic Economic Weekly: Monday 22 July 2019

The Icelandic Tourist Board published its monthly Tourism in figures report. The housing price index for the capital region increased 0.2% MoM in June, bringing the YoY increase to 3.2%.


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Weekly bulletin - 15 July 2019 10:00 AM

Icelandic Economic Weekly: Monday 15 July 2019

The CBI released the minutes from the last meeting of the MPC. The real exchange rate of the Icelandic krona was 10.2% lower in June than in June 2018. The Government Debt Management Agency published its monthly Market Information report.


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