Statement of the Monetary Policy Committee 7 October 2020

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 1%.

Exchange rate

  • USD
    139.02
  • GBP
    179.50
  • EUR
    163.20

Webcast today at 10:00 hrs.

07 October 2020
Today at 10:00 hrs., there was a press conference where an explanation was given for the rationale behind the...

Announcement concerning Central Bank purchases of Treasury bonds

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Central Bank to continue programme of regular foreign currency sales

30 September 2020
From Thursday 1 October through the end of the month, the Central Bank of Iceland will sell 3 million euros...