Central Bank of Iceland
Iceland slashes on strengthening króna
Central Bank of Iceland cuts rates by one percentage point as it prepares to buy foreign currency following króna gains
Iceland’s Sighvatsson offers guidelines on how to apply new Supreme Court law
Central Bank of Iceland deputy governor Arnor Sighvatsson introduces guidelines to financial institutions on non-binding clauses linking loans to exchange rates
Protests at Icelandic central bank on car loan rules
Several hundred demonstrators congregate around central bank in peaceful protest against delinking of car loans from foreign currency exchange rates; rule change could see up to 10% of Icelanders hit with higher repayments
Iceland poised to lift all capital controls
Central Bank of Iceland says full liberalisation could begin at the end of July, as króna continues to soar and inflation falls closer to target; draws on bilateral credit lines to boost reserves
Iceland, China sign $512m currency swap deal
Icelandic and Chinese central banks agree on currency swap to boost bilateral trade; move emphasises recovery of confidence in króna
Iceland – Financial Stability Review (June 2009)
Central bank flags cautious signs for optimism but warns that more is to be done
Former Icelandic governors may face criminal charges over crisis
Icelandic parliamentary committee passes names of three former central bank officials to state prosecutors; may face criminal charges
Iceland seals deal to buy back Luxembourg-based króna bonds
Icelandic central bank agrees to buy nearly all outstanding bonds pledged by Landsbanki's Luxembourg subsidiary to secure funds from Luxembourg central bank
Iceland firmly under IMF cover: Sighvatsson
Central Bank of Iceland deputy governor Arnór Sighvatsson warns against premature exit from IMF support
Rate round-up: Czech National Bank cuts on eurozone woe
Romania and Iceland also loosen; Australia, Peru and Norway raise rates by 25 basis points, Egypt and Indonesia hold
Iceland's Guðmundsson laments lack of progress in regulation
Icelandic central bank governor says the promised regulatory overhaul has yet to transpire and institutions still do not have all necessary information to prevent a collapse
Iceland’s “grossly negligent” central bankers caused collapse: report
Much awaited parliamentary report singles out seven individuals including Icelandic central bank’s governing board trio as responsible for 2008 collapse of banking sector
Icesave casts pall over Iceland’s credit outlook
Ratings agency Moody’s kicks its outlook on Iceland down to negative on intractable Icesave dispute, change leaves Icelandic bonds hovering just above junk status
Iceland climbs into profit; postpones pay rises
Central Bank of Iceland makes a modest profit for 2009, compared with sizable loss of the previous year; postpones wage hikes until summer
Iceland trims rates on króna strength
Central Bank of Iceland cuts to 9% despite fears over Icesave dispute
Gudmundsson confident of Icesave deal despite country’s ‘no’ vote
Icelandic central bank governor Már Gudmundsson says a resolution will be reached with British and Dutch governments soon despite massive wave of public opposition to the plan
Iceland can afford to repay UK and Holland: MPC member
Icelandic rate-setter says country neither too small nor weak to make Icesave repayments, but criticises “ungenerous” deal given by British and Dutch governments
Iceland’s government knew banks were in trouble: Wellink
Dutch central bank president Nout Wellink says his Icelandic counterparts had informed the government that the country’s banking sector was in trouble
Iceland’s Gudmundsson: EU legislation guilty
Central Bank of Iceland’s Már Gudmundsson says the risks in cross-border banking were underestimated
Iceland cuts by 50 bp as króna stands ground
Unexpected reduction leaves borrowing costs at 9.5%, central bank notes Icesave debacle failed to impact króna
Iceland -- Financial Stability Report 2009
Central bank's report shows a lack of international support for rescuing systemically important institutions
Iceland’s president vetoes $5.5 billion repayment
Decision underlines uncertainty caused by cross-border banking collapse; sparks rating-agency downgrade
Rate decisions this week
Korea, New Zealand hold but indicate tightening soon to come. Bank of England and Bank of Canada maintain policy stance, along with Peru and Brazil as Denmark and Iceland cut
Iceland cuts on further signs of stability
Central Bank of Iceland continues with “gradual” easing as currency stabilises