29 March 2007

The Central Bank of Iceland leaves its policy rate unchanged

The Board of Governors of the Central Bank of Iceland has decided to leave the Bank's policy interest rate unchanged at 14.25%. 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 May 16, 2007.

Nr. 5/2007
March 29, 2007


At 11.00 there will be a meeting with journalists where the Board of Governors will give an explanation for their decision. The meeting will be in Icelandic.

The Monetary Bulletin of the Central Bank of Iceland will be published on the website just after 11.00.

This meeting at 11.00 will be broadcast on the website.