Changes in exchange rate listing take effect
Effective on 1 April 2020, the Bank will list only the mid-exchange rate of all currencies in its exchange rate listings. Publication of buying and selling rates has been discontinued. The Central Bank of Iceland announced the change on 9 October 2019.
Economic Indicators, a quarterly summary of economic developments and compendium of statistics, have been posted here on the Central Bank of Iceland website.
Central Bank to reduce one-month term deposit supply
The Central Bank has decided to reduce significantly its offerings of one-month term deposits. The next auction will be held on 1 April 2020. This decision has been made because of the radical changes that have occurred in domestic market conditions in a short period of time. It is foreseen that Treasury expenditure will increase in coming weeks an...
Annual Report 2019
The Annual Report of the Central Bank of Iceland has been published on this website.
Governor Ásgeir Jónsson's speech at the Annual Meeting of the Bank
Ásgeir Jónsson, Governor of the Central Bank of Iceland, delivered a speech at the Bank's 59th Annual Meeting which took place on 25 March 2020 live on the Bank's website. The Governor's speech has now been published on the Bank's website.
Address by the Chairman of the Supervisory Board at the Bank's Annual Meeting
The address by Gylfi Magnússon, Chairman of the Supervisory Board of the Central Bank, at the Annual General Meeting has now been published on the Bank´s website.
Central Bank of Iceland annual meeting to be made available via webcast
It has been decided that the Central Bank of Iceland’s annual meeting, to be held on Wednesday 25 March 2020, will be open only to a very few participants. This decision has been made in order to impede the spread of COVID-19 and is in compliance with the authorities’ ban on gatherings for the next several weeks.
Webcast today at 10:00 hrs.
A webcast will begin today, 25 March 2020, at 10:00 hrs., on recent monetary policy measures concerning Treasury bond purchases, together with an update on economic developments and prospects.
Statement of the Monetary Policy Committee 23 March 2020
The Monetary Policy Committee decided at an extraordinary meeting yesterday that it would begin direct purchases of Treasury bonds in the secondary market.
Statements of the Monetary Policy Committee and the Financial Stability Committee
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.50 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 1.75%. The Financial Stability Committee of the Central Bank of Iceland has decided to reduce the countercyclical capital...