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- Economic Forecast

Overview of the Icelandic FX market

Since the beginning of the year, the euro has stayed between 121 and 126.5 Icelandic króna (ISK). In the last month or so, it has been just under ISK 125 and at the end of day yesterday it was ISK 124.1, which is almost the same as at the beginning of the year.

After some increase in turnover between months in June, turnover decreased again in July. August turnover so far is similar to July figures.

Icelandic FX market - August 2018