Central Bank of Iceland


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Central Bank of Iceland

The supreme monetary authority in Iceland. It is responsible for issuing the Icelandic kronur and for setting target inflation rates. While it is expected to follow the government's lead in many areas, it remains an independent agency. It was established in 1961.
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Kalkofnsvegi: The Act on the Central Bank of Iceland stipulates that it is the role of the Monetary Policy Committee (MPC) to set Central Bank interest rates and apply other monetary policy instruments.
The apex bank has signed a bilateral currency swap agreement worth CNY3.5bn with the central bank of Iceland. The move is expected to strengthen economic cooperation, facilitate economic exchanges and improve currency stability.
Preliminary figures published by the Central Bank of Iceland on Wednesday (19 July) show a 161% increase in Icelandic direct investments abroad in 2005.
"New Focuses in Central Banking", Monetary Bulletin, Central Bank of Iceland Vol.
The Central Bank of Iceland has now granted a total of seven exemptions, including the one granted today, and has assessed the economic impact of seven composition proposals from the failed banking institutions.
The Central Bank of Iceland has closed its last vault outside Reykjavik.
Prior to that Sigurdsson was one of three governors of the Central Bank of Iceland.
Reykjavik: The Central Bank of Iceland will start using Twitter while its first tweets will announce the first Central Bank interest rate decision of the year and the publication of Monetary Bulletin 2016/1.
The central bank of Iceland is said to be putting pressure on claim holders of Landsbankinn.
The central bank of Iceland has cut key interest rates by 30 basis points, from 7.9% to 7.6%.
Reykjavik: The Central Bank of Iceland's Monetary Policy Committee (MPC) decided to keep the lender's interest rates unchanged.
The central bank of Iceland has held the interest rate of the nation steady.

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