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View Full Version : Iceland Has Little Choice Other Than to Raise Rates, S&P Says - Bloomberg



NewsWhore
05-09-2008, 10:10 AM
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Iceland Has Little Choice Other Than to Raise Rates, S&P Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaKxfciaeNFYM%26refer%3Deurope&cid=0&ei=uFskSLDkK6qM8QTm4ey8BQ&usg=AFrqEzc44-vl_XIaHnKCt3EO5CMAxH7gbA)
Bloomberg - 18 minutes ago
The currency has declined on concern that the central bank will be forced to bail out one of the commercial banks, which have assets valued at nine times ...


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