Central Bank of Iceland – Monetary Bulletin 2009/3
The first step towards the eventual full removal of capital controls will probably be taken no later than 1 November, notes the latest Monetary Bulletin.
The report notes that the central bank's monetary policy committee will avoid any moves that could call into question its overriding commitment to the stability of the króna and low inflation. The report notes that in this way, monetary policy can contribute to the restoration of confidence that is a prerequisite for the eventual abolition of
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