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View Full Version : Iceland Central Bank Cuts Key Interest Rate to 17% - Bloomberg



NewsWhore
03-19-2009, 06:22 AM
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Iceland Central Bank Cuts Key Interest Rate to 17% (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Dad9XG1Sl3s18%26refer%3Deurope&cid=0&ei=8R3CSYHwMJuoM8fhpY4G&usg=AFQjCNHYcc2YBnaAO4gJy04IVzFv7csTow)
Bloomberg
Capital restrictions and a managed float of the krona have supported the currency’s 12 percent gain against the euro this year, also reducing price pressures. “The crisis has led to a sharp drop in economic activity, the krona has stabilized and ...


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