The annual inflation rate hit 7.2% yesterday, a 12-year high. Analysts at Íslandsbanki bank predict that the inflation rate will peak in June at 7.7%.
Those who recently signed non-indexed mortgages with variable interest rates may find themselves in a difficult position, according to the Director of the Institute of
The Central Bank of Iceland’s Financial Supervisory Authority has no supervision over cryptocurrency mined in Iceland, Fréttablaðið reports. A considerable portion of the world’s supply
At a meeting this morning, the Icelandic government approved an action plan intended to minimise the negative impact of COVID-19 on the Icelandic economy. Due
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