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Seðlabanki Íslands - Forsíða

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working paper
publications
working papers
29. September 2026

Working paper no. 102: QMM - A quarterly macroeconomic model of the Icelandic economy, version 5.0

The Central Bank of Iceland has published a new version of the handbook for the QMM macroeconomic model, incorporating changes introduced in the fifth version of the model. The handbook, titled QMM - A quarterly macroeconomic model of the Icelandic e...

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fsn statement
financial stability committee
financial stability
23. September 2026

Statement of the Financial Stability Committee 23 September 2026

The Icelandic financial system is sound and is well prepared to withstand unforeseen shocks. The systemically important banks’ financial position is strong, and their access to market-based funding is good.

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financial stability report
23. September 2026

Financial Stability 2026/2

The Bank’s semi-annual Financial Stability report presents an overview of the position of the financial system, its strengths and potential weaknesses, and the macroeconomic and operational risks it may face. In addition, it explains how the Centra...

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Inflation

5.9%

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 137.00
  • USD 120.65
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  • NOK 12.567
  • DKK 18.327
Official exchange rate

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interbank market for foreign exchange
5 October
9:00
Interbank Market for Foreign Exchange
Period: September 2026
Frequency: Monthly
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monetary policy committee
7 October
8:30
Statement of the Monetary Policy Committee
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international reserves
9 October
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International reserves
Period: September 2026
Frequency: Monthly
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