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Overview of the Icelandic FX market

The Icelandic króna remained nearly unchanged against the euro from mid-June to mid-July in very low trading. In mid-July, the króna began to appreciate, with the EUR/ISK reaching a low of 134.55 at the end of the month after peaking at 141.8 in mid-July. Turnover in the foreign exchange market in July was similar to that in June. Almost all turnover in July was in the second half of the month.

Icelandic FX market (PDF)

 

Weekly bulletin - 14 October 2019 10:00 AM

Icelandic Economic Weekly: Monday 14 October 2019

The CBI released its biannual Financial Stability Report. The Government Debt Management Agency published its monthly Market Information report. Icelandair released traffic data for September.


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News and Notifications - 11 October 2019 08:49 AM

Interest rate changes at Landsbankinn

Rates for non-indexed housing mortgages with interest rates fixed for 36 and 60 months decrease by 0.25 percentage points. Floating non-indexed rates generally fall by 0.05 to 0.25 percentage points. Floating interest rates on non-indexed housing mortgages decrease by 0.10 percentage points.


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Weekly bulletin - 07 October 2019 08:50 AM

Icelandic Economic Weekly: Monday 7 October 2019

The MPC lowered policy rates by 0.25 percentage points. The króna appreciated in September. Some 183,000 foreign visitors travelled through Keflavík International Airport in September, a YOY decrease of 20.7%.


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