Icelandic krona in biggest drop since 2009, denting long rally - Financial Times
The Icelandic krona is on track for its biggest one-day drop since the financial crisis, chipping away at a long rally after the government announced the country would finally return to international financial markets with the lifting of capital ...
Iceland's Fishing Industry Is Starting to Stink - Bloomberg
Iceland's currency has gained nearly 19 percent against the euro and around 15 percent against the dollar over the past 12 months and is expected to continue to rise this year, according to Arion banki. "If the appreciation of the krona continues we'll ...altro »
Hedge Funds, Goldman Rush Into Iceland as Krona Controls End - Bloomberg
Less than a week after capital controls were lifted a bevy of hedge funds and Goldman Sachs Group Inc. piled back into Iceland by snapping up a 48.8 billion-kronur ($450 million) stake in one of its reconstituted banks. Arion Bank, formed from ...altro »
Travel cancelations from Norway to Iceland - IceNews
The managing director sais that cancelations are more frequent than they've ever been before, first and foremost because of the strengthening of the currency, the Icelandic Krona, ISK. IceNews reported about the lifting of currency restrictions last week.altro »
Iceland Stages a Comeback - Barron's
Iceland has become a tourism destination, thanks to the weak krona. In 2016, U.S. tourists, eager to see Game of Thrones filming locations—as well as the Northern Lights and volcanoes—reportedly outnumbered the 330,000 residents. There are also its ...
Iceland lifts capital controls - The Economist
The country's crisis experience was a cautionary tale of an over-exuberant financial sector. Three of its banks, with assets worth 14 times GDP, keeled over within a week; the krona fell by 70% on a trade-weighted basis in a year; Iceland was the first ...
Iceland Finance Minister Not Comfortable With Krona Moves - Bloomberg
Icelandic Finance Minister Benedikt Johannesson comments on the fluctuations in the krona during an interview with Bloomberg's Mark Barton on "Bloomberg Markets." (Source: Bloomberg). Most Recent Videos. Full Show: Surveillance (03/20) · Columbia's ...
Boom, bust and boom again: Iceland's economy in charts - Financial Times
Investor confidence slumped and Iceland's krone lost more than 40 per cent of its value against the euro in the three years to the end of 2010. Imports became more expensive, pushing inflation into double digits. The central bank almost doubled its ...
Iceland's economy comes in from the cold - The Australian
Before the crisis, fishing and energy were the mainstays of the economy, alongside banking. Tourism has become a vital industry with the post-crash collapse in the Icelandic krona - it lost more than half its value against leading currencies - making ...altro »
Why Reykjavik, not Barcelona or Amsterdam, should be your next holiday destination - Metro
Reykjavik and the south coast of Iceland provide an unforgettable backdrop to explore in – from the hot springs around the Reykjanes Peninsula to the Icelandic Phallological Museum, where you can admire every type of penis imaginable, there's something ...