Statement of the Monetary Policy Committee 19 March 2025

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.25 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 7.75%. All Committee mem0bers voted in favour of the decision.

Exchange rate

  • USD
    133.28
  • GBP
    172.27
  • EUR
    144.30

Minutes of the Monetary Policy Committee meeting of 3 and 4 February 2025

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In accordance with the Monetary Policy Committee Rules of Procedure, the minutes of the Committee's most...

Monetary Bulletin published

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Monetary Bulletin 2025/1

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Working paper no. 98: Productivity or privilege: Game-theoretic and experimental models of social class

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The Central Bank of Iceland has published the working paper “ Productivity or privilege: Game-theoretic and...

Economic Indicators 20 December 2024

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The Central Bank of Iceland’s Economic Indicators report for December 2024 has been released and can be found...