Krona

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Krona

References in periodicals archive ?
The devaluation of the kronur was needed, but it significantly weakened consumer spending.
A budget proposal was submitted with a surplus of half a billion kronur in autumn 2013, and taxing the failed banks' estates made all the difference in putting Treasury finances to rights.
The Central Bank intervened in the currency market on 21 June, selling dollars for 2.5 billion kronur; the currency had depreciated sharply the previous day, and the intervention yielded some appreciation.
The forthcoming auction of offshore kronur could change this position radically, however, and as a result, there is no reason to despair about the Central Bank's finances.
(2.) In 2001, outstanding housing bonds increased by 38.5 billion kronur to 225.3 billion kronur.
The estimate for 2003 (5.3 billion kronur or just under 3/4 per cent of GDP) may again turn out to be on the low side.
The banks' resilience is still considerable, but their liquidity is being monitored carefully, particularly in view of the settlement of the failed banks' estates and the upcoming auction in connection with the release and tie-up of offshore kronur.
One British pound (GBP) is worth approximately 142.50 Icelandic kronur (ISK).
The famous Blue Lagoon, Geysir Museum, Porsmork Nature Reserve and whale watching off the Snaefellsnes peninsula all vie for the attention of visitors with time on their hands and crumpled Kronur to spend.
By the beginning of 2001 it had a market capitalisation of 15 billion Kronur ($180 million), making it the nation's fourth largest bank.
One British pound (GBP) is worth approximately 145.04 Icelandic kronur (ISK).
The surtax on "higher" incomes was raised from 5 to 7 per cent in 1997 though the threshold at which it is paid was raised 14 per cent at the same time, and currently it applies to incomes above about 3.4 million kronur ($40 000) per year for individuals (double that for married couples).