30. October 2018 - Hagsjá/Economic Forecast
At the beginning of August, the króna began to weaken. Since then, the price of the euro has risen by 10.1% and the price of the US dollar by 12.3%. The trade-weighted exchange rate index has risen by 10.8%. The Central Bank has entered the market twice since the króna entered this weakening phase. Both times the bank sold 9 million euros (ISK 1.2 bn).
Icelandic FX market - October 2018
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg.no. 471008-0280
Swift/BIC: NBIIISRE Rules Legal Notice