Ásgeir Jónsson, Governor of the Central Bank of Iceland, and Tómas Brynjólfsson, Deputy Governor for Financial Stability, participated along with other representatives from the Central Bank of Iceland in the Annual Meetings of the International Monetary Fund (IMF) held in Washington DC last week. The Governor, Deputy Governor and representatives met with representatives of the IMF, the Nordic-Baltic Constituency, rating agencies, financial institutions, as well as delegations from other countries.

The Central Bank of Iceland has today issued the publication Balance of Payments, External Position and vulnerabilities 2025. The publication outlines developments in Iceland’s balance of payments and capital flows and explores the impact of changes in flows on the external position of the economy, and the foreign exchange market.

The Central Bank of Iceland has sent the Government a report on inflation above the deviation threshold of the inflation target in September 2025.

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 7.50%. All Committee members voted in favour of the decision.