8. March 2019 - Economic Forecast
Since the beginning of the year, the Icelandic króna (ISK) has depreciated against the currencies of all our main trading partners, with the exception of the Swedish krona. In total, the ISK has lost 10% against the euro and 14% against the US dollar since last summer.
On Tuesday, removal of capital controls on holders of offshore krónur and reduction of special reserve requirement on capital inflows took effect. Some outflow seems to have followed, but the Central Bank intervened on the market and sold EUR 18m (ISK 2.5b) that day.
Icelandic FX market - March 2018
News and Notifications - 15 July 2019 11:00 AM
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.
Weekly bulletin - 22 July 2019 09:52 AM
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%.
Weekly bulletin - 15 July 2019 10:00 AM
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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