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NewsWhore
11-02-2011, 05:30 AM
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Iceland Raises Benchmark Rate for Second Time Since August to Shield Krona (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHj54H0OfI3ujfHuc9-pTyDwJPkiQ&url=http://www.bloomberg.com/news/2011-11-02/iceland-raises-benchmark-rate-for-second-time-since-august-to-shield-krona.html)
Bloomberg
Iceland&#39;s currency has slipped 3 percent against the euro this year, while inflation has hovered at about 5 percent since July. The bank targets price growth of 2.5 percent. Iceland&#39;s “economic recovery has continued, although the world&#39;s economic ...

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