Iceland selects chief economist for new MPC

Reykjavik appointed Thorarinn Petursson, the Central Bank of Iceland's acting chief economist, to its newly-created Monetary Policy Committee on Tuesday.

Petursson, who became acting chief economist after Arnor Sighvatsson took up the role of acting deputy governor late last week, is joined by Sighvatsson and Svein Harald Oygard, the governor of the central bank, on the committee. Oygard appointed Petursson to the role. Johanna Sigurdardottir, Iceland's prime minister, is set to appoint two m