The joint declaration issued by the Government and the Central Bank of Iceland on 27 March 2001 stipulated that, if inflation deviated by more than 1½% from the inflation target (currently 2½%), the Bank must submit a report to the Government stating the reasons for the deviation, the Bank’s planned response to it, and the length of time needed, in the Bank’s assessment, to bring inflation back to target.More
Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 9 December. There, the Committee discussed economic and financial market developments, the interest rate decision on 10 December, and the communication of that decision.More
The Central Bank's Economic Indicators for December 2014 have been posted on this website.More
Amended Terms of Auction for the purchase of Icelandic krónur by the Central Bank of Iceland in exchange for foreign currency.
The Central Bank of Iceland has amended the Terms of Auction for the Bank’s purchase of Icelandic krónur in exchange for foreign currency. The auction that was announced on 9 December 2014 will be held on 10 February 2015.More
A mission from the International Monetary Fund (IMF) under the leadership of mission chief Peter Dohlman concluded a two-week visit to Iceland today. The Fund conducts regular appraisals of member countries’ economies under Article IV of its Articles of Agreement.More