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- Economic Forecast

Overview of the Icelandic FX market

The ISK depreciated slightly in October. At the end of the month, the euro stood at ISK 138.0, compared with 135.0 at the end of September. Turnover in the interbank foreign exchange market decreased MoM in October. Turnover was EUR 69m (ISK 9.5bn), the lowest within one month since May 2018. The CBI did not intervene in the interbank market in October.

Icelandic FX market (PDF)


Weekly bulletin - 16 December 2019 09:09 AM

Icelandic Economic Weekly: Monday 16 December 2019

The MPC held policy rates unchanged on Wednesday. The Government Debt Management Agency published its monthly Market Information report.


News and Notifications - 10 December 2019 10:40 AM

Landsbankinn commits to the FX Global Code

Landsbankinn has signed a Statement of Commitment to the FX Global Code, a set of principles of good practice for foreign exchange. The Code is intended to foster trust, fairness and appropriate transparency in the FX market.


Weekly bulletin - 09 December 2019 10:08 AM

Icelandic Economic Weekly: Monday 9 December 2019

The CBI published the balance of payments and net external position for Q3. The ISK appreciated somewhat in November.