Iceland central bank for auctions to repatriate offshore currency
The Central Bank of Iceland is preparing to repatriate offshore krónur in a step towards relieving ongoing capital controls following the banking crisis. Icelandic pension funds are going to offer up...
View ArticleLoophole in Iceland exchange controls closed by secretive bill
The Icelandic parliament late last night changed the law on currency exchange restrictions to close a loophole which had been discovered. Lawmakers were careful to keep their intentions secret until...
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