The Central Bank of Iceland leaves its policy rate unchanged

the Central Bank of IcelandPRESS RELEASE FROM THE CENTRAL BANK OF ICELAND:

The Board of Governors of the Central Bank of Iceland has decided to hold the Bank’s policy interest rate unchanged at 18%.

The Bank’s analysis of the economic situation and outlook is published in .

As is well known, economic policy will be determined in collaboration with the International Monetary Fund in the immediate future. It is expected that a decision will be made very soon and that an action plan will then be published. The Board of Governors of the Central Bank will give account of its monetary policy thereafter.

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