Iceland’s central bank raises rates
Iceland’s central bank Sedlabanki raised its key interest rates by 50 basis points after ending capital controls and seeing positive domestic demand. The Monetary Policy Committee of Sedlabanki, as hinted in May, increased the seven-day collateralised lending rate from 5.25 per cent to 5.75 per cent in what was the first rise in rates since […] The post Iceland’s central bank raises rates first appeared on IceNews - Daily News.Read more:
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