Monday, 24 January 2022

Tag Archives: Iceland central bank

Iceland Cuts Rates Again In Race To Beat Recession

REYKJAVIK: Iceland’s central bank lowered its key interest rate for the third time this year as it battles with recession after a decade of solid growth. The bank cut its benchmark seven-day deposit rate by 0.25 points to 3.5 percent. It had already slashed the rate in May, and then ...

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