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Seðlabanki Íslands - Forsíða

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working paper
monetary policy
working papers
29. July 2026

Working paper no. 101: Too Little, Too Late? Testing The Optimality of Monetary Policy in Iceland

The Central Bank of Iceland has published the working paper "Too Little, Too Late? Testing The Optimality of Monetary Policy in Iceland" by Birta B. Haraldsdóttir and Bjarni G. Einarsson, economists in the department of Economics and Monetary Policy....

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speeches by deputy governors
financial stability
29. May 2026

Deputy Governor delivers presentation on Financial Stability at international conference

Deputy Governor for Financial Stability Tómas Brynjólfsson delivered a speech at the Reykjavik Economic Conference, held at Harpa and hosted by the Central Bank of Iceland in cooperation with The Center for International Macroeconomics at Northwester...

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monetary policy committee
monetary policy
9. July 2026

Report of the Monetary Policy Committee of the Central Bank of Iceland to Parliament

The report of the Monetary Policy Committee of the Central Bank of Iceland to Parliament on the Committee’s work during the first half of 2026 has been published. Extensive supplementary material is included with the report. The report covers the Mon...

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Inflation

5.3%

Central Bank’s inflation target is 2½%

Key interest rate

7.75%

Valid from: 20 May 2026
Next update: 19 August 2026

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

Exchange rate
  • EUR 142.60
  • USD 123.62
  • GBP 166.27
  • NOK 12.993
  • DKK 19.075
Official exchange rate

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balance sheet of the central bank
10 August
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Balance sheet of the Central Bank
Period: July 2026
Frequency: Monthly
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real exchange rate
10 August
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Real exchange rate
Period: July 2026
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international reserves
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International reserves
Period: July 2026
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