11.12.2019

Webcast from a press conference

The Central Bank of Iceland published the Monetary Policy Committee’s (MPC) interest rate decision on its website today. A press confernce was aired via webcast where Ásgeir Jónsson, Governor and Chair of the MPC and Rannveig Sigurðardóttir, Deputy Governor and MPC member, explained the rationale behind the Committee’s decision.

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11.12.2019

Statement of the Monetary Policy Committee 11 December 2019

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 3%. According to recently published national accounts figures, output growth measured 0.2% for the first nine months of the year. Although this is slightly stronger growth than the Central Bank forecast in November, overall developments year-to-date are in line with the Bank’s projections.

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10.12.2019

Deputy Governor's introductory remarks at the conference Third Annual Cyber in Finance

Deputy Governor Rannveig Sigurdardóttir participated in an annual conference of the Nordic central banks – Cyber in Finance – hosted by Sveriges Riksbank in Stockholm on 28 November.

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02.12.2019

Current account surplus 63 b.kr. in Q3/2019 – net IIP positive by 714 b.kr.

The current account surplus measured 63 b.kr. in Q3/2019, as compared with a surplus of 73.8 b.kr. in the same quarter of 2018. There was a deficit on goods trade in the amount of 45.9 b.kr and a 101.3 b.kr. surplus on services trade, as well as a 13.4 b.kr. surplus on primary income and a 5.9 b.kr. deficit on secondary income.

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