Economy news


MPC decision on interest rates



Wednesday, May 05, 2010
The Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points. The deposit rate (current account rate) will be 7.0%, and the maximum bid rate for 28-day certificates of deposit (CDs) will be 8.25%. The seven-day collateral lending rate will be 8.5% and the overnight lending rate 10.0%.




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Non-IndexedPriceYield
RIKV 10 091599.866.08%
RIKV 10 101599.485.00%
RIKV 10 111599.104.76%
RIKB 10 1210102.104.98%
RIKV 10 121598.784.51%
RIKB 11 0722103.373.96%
RIKB 12 0824100.364.05%
RIKB 13 0517108.233.95%
RIKB 19 0226124.625.09%
RIKB 25 0612128.105.22%
IndexedPriceYield
HFF150914103.901.83%
RIKS 21 0414109.002.81%
HFF150224107.002.70%
HFF150434110.752.78%
HFF150644114.312.80%

CPI Change

Current Value361.70
12 Months Change*4.81%
3 Months Change*-2.29%
Last Month Change-0.66%
Daily CPI361.85

* Annualized rates

Exchange rate

ISK10001000
EUR150.65151.75
USD116.98117.84
GBP179.96181.46
JPY1.391.40
NOK19.0919.30
SEK16.1616.38
DKK20.2320.39
CHF115.37116.47
TWI205.51206.19