News
Karen Áslaug Vignisdóttir appointed acting Chief Economist and Director of Economics and Monetary Policy
Karen Áslaug Vignisdóttir has been appointed acting Chief Economist and Director of Economics and Monetary Policy at the Central Bank of Iceland. Karen began working as an economist with the Central Bank in 2006 and has been head of Analysis and Publications in the Bank’s Economics and Monetary Policy Department since 2018. During that period, she has also held the position of Deputy Chief Economist and has served as secretary of the Monetary Policy Committee. Karen received a Master’s degree in Economics from Aarhus University in Denmark in 2005 and completed her undergraduate studies in Economics at the University of Iceland in 2003.
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Foreign exchange market, exchange rate developments, and international reserves 2024
The Central Bank of Iceland has published a summary report on the foreign exchange market, exchange rate developments, and international reserves in the year 2024. It states, among other things, that the exchange rate of the króna appreciated during the year, exchange rate volatility was rather limited and the total turnover in the interbank foreign exchange market decreased year-on-year. The Central Bank intervened in the foreign exchange market once during the year in order to reduce fluctuations in the exchange rate of the króna. International reserves amounted to ISK 886 billion at the end of the year or 20% of the gross domestic product as in the previous year.
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Thórarinn G. Pétursson appointed Deputy Governor for Monetary Policy
Prime Minister Kristrún Frostadóttir has appointed Thórarinn G. Pétursson to serve as Deputy Governor for Monetary Policy for a five-year term, effective today.
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Press Release from EIOPA about NOVIS
The Central Bank of Iceland draws attention to a press release published today on EIOPA's website.
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Monetary Policy Committee report to Parliament
The Central Bank of Iceland Monetary Policy Committee’s (MPC) report to Parliament (Alþingi) on the Committee’s work in H2/2024 has been posted on the Bank’s website.
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