The monetary policy committee of the Central Bank of Iceland announced this morning its decision to lower the policy rate by 2.5 percent to 13 percent. The interest rate on overnight loans will also be lowered by 2.5 percent.
The monetary policy committee of the Central Bank of Iceland announced this morning its decision to lower the policy rate by 2.5 percent to 13 percent. The interest rate on overnight loans will also be lowered by 2.5 percent.