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View Full Version : Iceland Tightened Krona Controls to Prevent Speculative Chaos - Bloomberg



NewsWhore
03-14-2012, 07:20 AM
Iceland Tightened Krona Controls to Prevent Speculative Chaos (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFNGUSsQfNEN-HcJr2SD9ZsV-McWg&url=http://www.bloomberg.com/news/2012-03-14/iceland-tightened-krona-controls-to-prevent-speculative-chaos.html)
Bloomberg
The law, which was rushed through parliament after markets closed on March 12, is designed to avoid a krona sell- off as controls on other currency transactions are eased. It prevents the liquidators of the three failed banks from paying creditors in ...

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