Iceland central bank governor discusses policy challenges


The governor of the Central Bank of Iceland, Már Guðmundsson, delivered a speech on June 19 in which he considered the challenge of removing capital controls and designing policies to address high inflation in Iceland.

Speaking at a meeting of European Union (EU) ambassadors in Reykjavík, Guðmundsson said that the central bank had raised interest rates by 1.5% in response to high inflation due to a weakening of the Icelandic currency, the krona, but said that a negative real interest rate had

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: