Vol. 5 no. 1 February 2003
Introduction
Conditions still in place for easing the monetary stance (63 KB)
Economic and monetary developments and prospects
Slack in the economy has increased and inflation will stay below the target in the near term despite proposed aluminium projects (308 KB)
(The appendix is also included in the pdf-file above.)
Appendix: Evaluation of the macroeconomic impact of the planned aluminium and power plant investments and possible economic policy responses to them (149 KB)
Financial markets and Central Bank measures
The króna strengthens (113 KB)
Gerdur Ísberg and Thórarinn G. Pétursson
Central Bank intervention in Iceland’s foreign exchange market and its effect on the exchange rate of the króna (205 KB)
Arnór Sighvatsson
Formation and reversal of the current account deficit 1998-2002 (209 KB)
Monetary policy and instruments (60 KB)
Prudential regulation on liquidity ratio and foreign exchange balance (55 KB)