Iceland
Iceland slashes rates as economy faces meltdown
The Central Bank of Iceland has cut its key rate by 350 basis points on the back of the meltdown in the country's banking sector.
Icelanders protest outside central bank
Icelanders have staged a protest outside the country's central bank reportedly calling for the resignation of the governor, David Oddsson.
Iceland nationalises biggest bank, halts trading
The Icelandic authorities on Thursday took control of Kaupthing, the country's biggest bank, and halted trading in all shares listed in Reykjavik.
Riksbank pumps Skr5 billion into Icelandic bank
The Riksbank on Wednesday agreed to prop up Kaupthing, Iceland's largest lender, with a Skr5 billion ($700m) loan, on fears the bank's liquidity problems threatened the stability of the Swedish financial system.
Iceland nationalises second-largest bank
The crisis in the Icelandic financial system deepened on Tuesday as the authorities took control of Landsbanki, the country's second-largest lender, and pegged the ailing krona to the euro.
Iceland suspends bank shares, offers guarantee
Iceland has halted trading on stocks in its beleaguered banks and guaranteed all customer deposits in a bid to stop a raft of selling on signs the country's banking system is near to collapse.
Iceland confounds expectations with rate hold
The Central Bank of Iceland surprised markets on Thursday, opting to hold rates, rather than raise them.
Iceland sets up swaps with Nordic CBs
In a move that is expected to do much to support the weak krona, the Central Bank of Iceland on Friday said that it had come to an agreement with Sweden, Norway and Denmark to swap its currency for euros.
Iceland's banks are strong: Fridriksson
Icelandic banks are expected to have performed relatively well in the first quarter of the year, said Ingimundur Fridriksson, the governor of the Central Bank of Iceland.
Iceland raises rates again
The Central Bank of Iceland hiked rates by half a point on Thursday. The move follows an emergency 125 basis point rise a fortnight ago.
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 makes emergency hike as krona plummets
The Central Bank of Iceland raised rates by a massive 125 basis points to 15% on Tuesday 25 March, little over a fortnight before its next scheduled rate-setting meeting.
Iceland a step ahead on liquidity
Iceland's approach to liquidity management is much more developed than in other countries, said Ingimundur Fridriksson, a governor at the central bank.
Iceland holds rates at 13.75%
The Central Bank of Iceland has kept rates at 13.75% in spite of a poorer inflation outlook.
Iceland makes surprise rate hike
The Central Bank of Iceland's rate-setting board unexpectedly decided on Thursday to raise its benchmark policy rate by 45 basis points to 13.75%.
The continuing rise of the kiwi
The New Zealand dollar continues its rapid rise on perceptions that the central bank will be unable to stem a rally powered by Japanese investors looking for higher yields. The currency rose to its highest level in 22 years on 25 June.
Central Bank of Iceland clears rate confusion
The Central Bank of Iceland has issued a statement in which it "underlined" that its new representation of interest rates implies "no change in policy rates."
Dealing with globalisation - Iceland's Oddsson
Opening a conference in Iceland the governor of the central bank, David Oddsson, set out what he sees as the main challenges for small open economies with independent currencies in dealing with globalisation.
Iceland's Oddsson on the commercial banks
In the speech 'The commercial banks are more resilient' given on 25 April David Oddsson of the Central Bank of Iceland said the crucial factor behind the central bank's assessment that the financial system is now more resilient to shocks is the banks'…
Central Bank of Iceland, Financial Stability 07
The Central Bank of Iceland published its Financial Stability Report for 2007 on 25 April saying the crucial factor behind the Central Bank's assessment that the financial system is now more resilient to shocks is the banks' stronger liquidity and equity…
Central Bank of Iceland - Annual Report 2006
According to the Central Bank of Iceland's Annual Report 2006, in 2006 the Icelandic economy was characterised by imbalances on a greater scale than for many years.
Central Bank of Iceland, Monetary Bulletin 1/2007
According to the Central Bank of Iceland's Monetary Bulletin for March 2007, published Thursday 29 March, the inflation lower than forecast, but substantial imbalances cloud the long-term outlook.
Iceland's Fridriksson on monetary policy
In the speech 'Monetary policy and its implementation' given on 20 February Ingimundur Fridriksson of the Central Bank of Iceland said the central bank has already stated its view that adopting the euro would be imprudent except by joining the EU.