| 16 Aug 2017 10:00 | Financial Times |
While a strengthening global economy is encouraging central bankers across the developed world to finally look at raising interest rates, on the outskirts of Europe one bank is seeing some success by moving in the opposite direction.
more| 31 Jul 2017 11:41 | Reykjavík Grapevine |
The 5,000 króna bill was introduced in 1986, the same year as the Chernobyl disaster and the first episode of 'The Oprah Winfrey Show'.
more| 23 Jun 2017 06:50 | IcelandReview |
Despite a recent drop in the value of the Icelandic króna, it is likely to keep rising in the long term, according to Daníel Svavarsson, an economist at Landsbankinn bank, RÚV reports.
more| 22 Jun 2017 13:11 | Reykjavík Grapevine |
The strong króna has been causing tourists headaches, with already expensive Iceland getting more and more unforgiving.
more| 24 May 2017 10:11 | IcelandReview |
The strong value of the Icelandic króna has begun to threaten Icelandic companies, and as a result, jobs, Iceland's Minister of Finance Benedikt Jóhannesson told RÚV earlier this week.
more| 28 Mar 2017 08:19 | Reykjavík Grapevine |
On the five króna piece is the beloved and adorable dolphin (technically not a fish, but whatever, it lives in the sea). Unlike whale and shark, dolphin is no longer butchered for meat in Iceland. It's apparently pretty delicious, but people obviously ...
moreFrom today onwards there will be no limits on currency transactions with the Icelandic Krona. The private sector and institutional investors such as the Icelandic pension funds are now able to invest in foreign currency once more and to transfer funds ...
more| 12 Mar 2017 12:13 | Iceland Monitor |
The Central Bank of Iceland has concluded an agreement with owners of offshore króna assets subject to special restrictions pursuant to Act no.
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