Third review of Iceland's IMF programme approved
Yesterday the Executive Board of the International Monetary Fund (IMF) approved the third review of Iceland's economic programme. The programme is subject to seven reviews in all.
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The Central Bank's Economic Indicators published
The Central Bank's Economic Indicators for September 2010 have been posted on this website.
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Statement of the Central Bank of Iceland Monetary Policy Committee: Central Bank lowers interest rates
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.75 percentage points. The deposit rate (current account rate) will be 4.75%, and the maximum bid rate for 28-day certificates of deposit (CDs) will be 6.0%. The seven-day collateralised lending rate will be 6.25% and the overnight lending rate 7.75%.
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Central Bank rates lowered
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.75 percentage points. The deposit rate (current account rate) will be 4.75%, and the maximum bid rate for 28-day certificates of deposit (CDs) will be 6.0%.
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MPC Decision on interest rates - Webcast
The Monetary Policy Committee's interest rate decision will be published on the website tomorrow, Wednesday 22 September 2010, at 9:00. Two hours later, or at 11:00, a webcast will begin where the decision is explained.
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