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View Full Version : Iceland Lowers Key Interest Rate to 12%, Defying IMF - Bloomberg



NewsWhore
06-04-2009, 06:00 AM
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Iceland Lowers Key Interest Rate to 12%, Defying IMF (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaPypFHBoGwzg%26refer%3Deurope&cid=1254861623&ei=7p0nSpzkDqGkM7uK8aUH&usg=AFQjCNFaI9jnsnwHOH3GYXacYN-PWRz-BA)
Bloomberg
The island imposed capital restrictions at the end of last year after the failure of its biggest banks led to the collapse of the currency. The bank said yesterday that interest rate decisions must “provide owners of krona-denominated bonds and ...


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