Central Bank of Iceland
Iceland's Fridriksson dismisses stability concerns
In an effort to reassure investors, Ingimundur Fridriksson, a board member at the Central Bank of Iceland, has denied that the country's banks and economy are unstable.
"Unscrupulous dealers" attacking Iceland's economy
David Oddsson, the chairman of the board of directors at the Central Bank of Iceland, suspects that "unscrupulous dealers" are trying to bring down the Icelandic financial system by circulating rumours about the country's bank and central government.
Iceland holds rates at 13.75%
The Central Bank of Iceland has kept rates at 13.75% in spite of a poorer inflation outlook.
Central Bank of Iceland - Annual Report 2002
The Central Bank of Iceland has published its Annual Report for the year ended 2002. The year 2002 witnessed a sharp turnaround in the Icelandic economy, the Annual Report says. Inflation peaked in the beginning of the year, but went below the Central…
Speech by B Gunnarsson, Bank of Iceland, 13 Sep
SPEECH - In a speech titled 'Iceland in a Global Setting' Gunnarsson said Iceland has followed the path of many countries, including the Nordic Countries, in liberalising its economy, both internally and externally. The economy has been exposed to market…
Central Bank of Iceland Governor resigns
ICELAND - Central Bank of Iceland Governor Finnur Ingolfsson has been appointed Chief Executive Officer of the insurance company VS Ltd and has resigned as Governor of the Central Bank of Iceland.
Iceland considering inflation target for two years
ICELAND - Iceland adopted an inflation target on Mar 28, 2001. Mar Gudmundsson, chief economist of the central bank, said to CentralBankNet that discussions about an inflation target had been going on for two years.
Iceland floats krona, adopts 2.5% inflation target
ICELAND - On Mar 27, 2001, Iceland decided to float the krona and adopt a 2.5% inflation target. The krona has come under much pressure in recent weeks most recently on Mar 26, forcing the central bank to intervene in the markets to maintain the currency…