18.12.2009
 Report to Parliament on the work of the Central Bank of Iceland Monetary Policy Committee

The Act on the Central Bank of Iceland stipulates that the Bank's Monetary Policy Committee shall submit a report on its activities to Parliament twice a year. Furthermore, the Act states that the substance of the report shall be discussed at a joint meeting of the Parliamentary Econmomics and Tax Committee, Budget Committee, and Commerce Committee. The first Monetary Policy Committee report has now been sent to Parliament and has been published here on the Central Bank of Iceland website. 

Report to Parliament from the Central Bank of Iceland Monetary Policy Committee, 16 December 2009


InflationMore »

Consumer prices, 12-month changes. Last value: 4.5%
Verðbólga
Inflation target 2.5%

CBI's interest ratesMore »
CBI's interest rates
Overnight 8.50%
Loans against collateral 7.00%
Current account 5.50%
Exchange rateMore »
Currency 9.9.2010 Ch. *
USD 118.42 -0.03%
GBP 182.43 -0.36%
DKK 20.22 0.02%
EUR 150.59 0.03%
* Changes from last entry
Exch. Rate IndicesMore »
Exchange Rate Indices 9/9/2010 Ch. *
Narrow trade index** 205.12 0.06%
* Changes from last entry
** The index has been recalculated so that, on January 2, 2009, it was assigned a value equivalent to that of the now-discontinued Exchange Rate Index.
Other interest ratesMore »
Penalty rates from 1.9.2010 14.00%
09.09.10 REIBID REIBOR
O/N 5.500% 6.000%
S/W 5.500% 6.000%
1 M 5.800% 6.300%
3 M 5.300% 5.800%
1 Y 4.500% 5.000%


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Address: Kalkofnsvegi 1, 150 Reykjavik - E-mail: sedlabanki@sedlabanki.is
Tel.: (354) 569 9600 - Telefax: (354) 569 9605

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