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The Central Bank of Iceland raises its policy rate

The Central Bank of Iceland raises its policy rate

NOTE: This article is from 10. April 2008 and is therefore more than 5 years old.

The Board of Governors of the Central Bank of Iceland has decided to raise the Bank's policy interest rate by 0.5 percentage points to 15.5 per cent. Monetary Bulletin, which is published on the Bank's website after 11 a.m. GMT today, includes the arguments in support of today's decision.

The next interest rate decision of the Board of Governors will be announced on Thursday May 22, 2008.

Nr. 13/2008

April 10, 2008

A webcast, in Icelandic, which starts at 11 a.m. GMT, will be available here: Webcast