Financial Supervisory Authority and Central Bank of Iceland issue guidelines to financial undertakings
The Financial Supervisory Authority and the Central Bank of Iceland have decided to issue guidelines to financial institutions due to non-binding clauses linking loans to the exchange rate. They will then present these guidelines at a joint press conference.
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The Central Bank's Economic Indicators published
The Central Bank's Economic Indicators for June 2010 have been posted on this website.
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International Monetary Fund mission visit to Iceland 14 - 28 June 2010
A mission from the International Monetary Fund (IMF) headed by mission chief Mark Flanagan concluded a two-week visit to Iceland today.
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Statement of the Central Bank of Iceland Monetary Policy Committee: Central Bank lowers rates
The Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points. The deposit rate (current account rate) will be 6.5% and the maximum bid rate for 28-day certificates of deposit (CDs) will be 7.75%. The seven-day collateralised lending rate will be 8% and the overnight lending rate 9.5%.
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Webcast at 11:00 - MPC's decision explained
Today at 11:00 a webcast will begin in which the MPC's interest rate decision will be explained.
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