27. June 2018 - Hagsjá/Economic Forecast
After floating between 121-125 for most of this year, the EUR/ISK rate rose temporarily above 125 a week ago. At closing yesterday a EUR cost ISK 124.9. FX market turnover in May was only ISK 7.4 billion, compared to ISK 30.3 billion in the same month last year. Turnover during the first 5 months of this year has fallen by 80% YoY.
Icelandic FX market - June 2018
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