It is not only the Icelandic specialists wh expect the policy rates of the central bank of Iceland are going to stay unchanged tomorrow, but also their foreign colleagues are predicting the same. Amongst them is Petter Sandgren director of the new market division of SEB.

"It would surprise me if they would change the policy rates," says Sandgren in a conversation with Reuters. "There are still too many uncertainty factors at hand."

Sandgren mentions that the Icesave case is still unsolved and there is real uncertainty where things are going with the exchange rate of the króna.

In the news article of Reuters is a quote to Mar Gudmundsson central bank governor about that the depression would end in the first half of next year and the interest reductions would be possible if the conditions improve.

News Article by noname
Translated by Anya
Original Article in Icelandic

TrackBack URI for this entry

Comments (0)

Subscribe to this comment's feed

Name

Email

Website

Title

Comment

smaller | bigger

Subscribe via email (registered users only)

I have read and agree to the Terms of Usage.

Add Comment