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View Full Version : Iceland Deploys Krona Exit Tax to Temper Capital Liberalization - Bloomberg



NewsWhore
11-25-2011, 03:10 AM
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Iceland Deploys Krona Exit Tax to Temper Capital Liberalization (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHYqZ4Y8w8q6boX6uxtEbrTVBpJyQ&url=http://www.bloomberg.com/news/2011-11-25/iceland-deploys-krona-exit-tax-to-temper-capital-liberalization.html)
Bloomberg
Iceland&#39;s central bank last week presented the next stage in its capital liberalization program, designed to absorb the exchange rate shock of foreigners offloading their kronur by channeling the currency into long-term investments. ...

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