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Overview of the Icelandic FX market

The ISK depreciated slightly in October. At the end of the month, the euro stood at ISK 138.0, compared with 135.0 at the end of September. Turnover in the interbank foreign exchange market decreased MoM in October. Turnover was EUR 69m (ISK 9.5bn), the lowest within one month since May 2018. The CBI did not intervene in the interbank market in October.

Icelandic FX market (PDF)