Central Bank of Iceland

Central Bank of Iceland
Brief History

Established in 1961 the Central Bank of Iceland performs all traditional central banking activities. The current Central Bank Act is from 2001 with amendments. The Bank has a Governor and a Deputy Governor. A five member Monetary Policy Committee (MPC) is charged with taking decisions on the application of the Bank’s monetary policy instruments. The MPC has three internal members and two external members. Current members are Ásgeir Jónsson, Governor and Chairman of the Committee

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