Revised currency baskets
The weights of currencies in the baskets used to calculate the broad and narrow merchandise- and trade-weighted indices have been updated. The weights are determined based on Iceland’s external trade in 2020. The last review was carried out at the beginning of 2021.
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Economic Indicators published
The Central Bank of Iceland has published Economic Indicators on its website. Economic Indicators contains a quarterly summary of economic developments, a compendium of statistics, and an update on the position of the financial system. Economic Indicators is also published in Icelandic under the title Hagvísar Seðlabanka Íslands.
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Icelandic Banks' Data Centre shifts focus to financial market infrastructure
The shareholders of the Icelandic Banks' Data Centre (RB) have reached an agreement to change the focus of the company’s operations, with the objective of strengthening security and promoting greater efficacy and efficiency in the operation of financial market infrastructure in Iceland. The changes entail explicitly defining RB activities to include joint operation of systems of importance to the financial market, operation of payment intermediation systems, and operation of related infrastructure. ...
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Statement of the Financial Stability Committee 8 December 2021
The state of financial stability is favourable on the whole, although some pandemic-related uncertainty remains. The three large commercial banks are highly resilient. Their capital and liquidity are well above regulatory minima, and they have ready access to funding.
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Statement of the Financial Stability Committee and webcast
A statement of the Financial Stability Committee will be published on the Central Bank of Iceland website at 08:30 hrs. today, 8 December 2021. An hour later, at 9:30 hrs., a press conference on the statement will be held. At the press conference Ásgeir Jónsson, Governor and Financial Stability Committee chair; and Gunnar Jakobsson, Deputy Governor for Financial Stability; will introduce and discuss the statement.
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