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14. October 2026

Central Bank of Iceland extends regular currency purchase programme

The Central Bank of Iceland will continue its programme of regular foreign currency purchases in the interbank market until 30 November 2026. The amount bought each week will be reduced from 12 million euros to 6 million, beginning on 16 October. The...

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mpc statement
rate decision
key interest rate
monetary policy committee
monetary policy
7. October 2026

Statement of the Monetary Policy Committee October 7 2026

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 8.00%. All Committee members voted ...

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monetary policy
6. October 2026

Webcast: Statement of the Monetary Policy Committee, Wednesday 7 October 2026

A statement of the Monetary Policy Committee will be published, Wednesday 7 October, at 08:30 hrs. At 9:30 hrs., a press conference on the statement and the contents of the Monetary Bulletin will be held.

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Inflation

5.9%

Central Bank’s inflation target is 2½%

Key interest rate

8.00%

Valid from: 07 October 2026
Next update: 18 November 2026

“The Central Bank shall promote price stability, financial stability, and sound and secure financial activities.”

Exchange rate
  • EUR 136.40
  • USD 121.51
  • GBP 161.99
  • NOK 12.922
  • DKK 18.248
Official exchange rate

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lending survey
23 October
9:00
Lending survey
Period: Q4 2026
Frequency: Quarterly
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monetary statistics
23 October
9:00
Monetary statistics
Period: September 2026
Frequency: Monthly
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other financial corporations
27 October
9:00
Other financial corporations
Period: September 2026
Frequency: Monthly
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