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22 November 2019 01:39 PM

Exchange of EUR 500 notes ceases as of 5 December

As of 5 December, Landsbankinn will no longer accept EUR 500 bank notes as they have gone out of production and issuance. Banks in the eurozone will continue to accept EUR 500 notes and they remain legal tender, so a statement from the European Central Bank (ECB).


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06 December 2019 01:37 PM

Overview of the Icelandic FX market

The ISK appreciated somewhat in November. At the end of the month, the euro stood at ISK 133.6, compared with 138.0 at the end of October. Turnover in the interbank foreign exchange market increased slightly MoM in November.


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02 December 2019 08:47 AM

Icelandic Economic Weekly: Monday 2 December 2019

GDP increased by 0.2% in real terms YoY in the first three quarters of 2019. The CPI increased by 0.13% MoM in November, bringing the headline number to 2.8%.


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