Standard & Poor's affirm Iceland's ratings
Standard & Poor's have today affirmed Iceland's BBB-/A-3 long- and short-term sovereign credit ratings and their stable outlook.
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The minutes of the MPC
Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 2 October, where the Committee discussed economic and financial market developments, the interest rate decision on 3 October, and the communication of that decision.
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Special Publication no. 8: Financial Stability
In 2011, the Central Bank of Iceland engaged Sir Andrew Large to conduct an appraisal of the role of central banks in financial stability, particularly as regards organisation. He was asked to take into account the collapse of the Icelandic financial system and the global economic turmoil. He also considered the public discourse on these issues and the changes currently underway around the world.
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Annual meetings of the IMF
The annual meeting of the International Monetary Fund was held in Tokyo on 12 October, and the meeting of the Fund’s Monetary and Financial Committee (IMFC) was held the day after. Már Guðmundsson, Governor of the Central Bank of Iceland and Iceland’s representative to the Board of Governors of the IMF, attended the meetings.
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Currency auction
The Central Bank of Iceland will hold foreign currency auctions on 7 November. The auctions are an element in the removal of restrictions on movement of capital.
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