Iceland Central Bank keeps the interest rate unchanged

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
The Sedlabanki keeps the seven day lending rate at 6% level, as announced on Wednesday. The maximum rate is for 28-day certificates of deposits at 5.75% and the overnight lending rate is at 7% benchmark. As the Central Bank said, indicators show that economic development is in a line with November forecast, together with an inflation data, and the Krona's value against the major currencies remained stable.
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