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

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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

30 September 2020
At the beginning of May 2020, the Central Bank of Iceland began buying Treasury bonds in the secondary market...

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...