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mpc statement
rate decision
key interest rate
monetary policy
monetary policy committee
19. August 2026

Statement of the Monetary Policy Committee August 19 2026

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to raise the Bank’s interest rates by 0.25 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 8.00%. Four Committee ...

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monetary policy committee
monetary policy
18. August 2026

Webcast: Statement of the Monetary Policy Committee August 19th 2026

A statement of the Monetary Policy Committee will be published on the Central Bank of Iceland website, Wednesday August 19th, at 08:30 hrs. Monetary Bulletin will be published on the website at 08:35 and at 9:30 hrs., a press conference on the statem...

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survey of market expectations
monetary policy
14. August 2026

Survey of market expectations

The Central Bank of Iceland conducted a survey of market agents’ expectations over the period from 10-12 August. A total of 38 agents in the bond market, including banks, pension funds, mutual and investment funds, securities brokers, licensed asset ...

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Inflation

5.3%

Central Bank’s inflation target is 2½%

Key interest rate

8.00%

Valid from: 19 August 2026
Next update: 07 October 2026

“The Central Bank shall promote price stability, financial stability, and sound and secure financial activities.”

Exchange rate
  • EUR 142.20
  • USD 122.53
  • GBP 166.11
  • NOK 13.033
  • DKK 19.021
Official exchange rate

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monetary statistics
25 August
9:00
Monetary statistics
Period: July 2026
Frequency: Monthly
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foreign exchange transactions
25 August
9:00
Foreign exchange transactions
Period: July 2026
Frequency: Monthly
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lending survey
26 August
9:00
Lending survey
Period: Q3 2026
Frequency: Quarterly
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