The Center for Grassroots Oversight

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Profile: Central Bank of Iceland

Central Bank of Iceland was a participant or observer in the following events:

The Central Bank of Iceland cuts the country’s interest rate by 3.5 percent to 12 percent. Interest rates had previously been at a record high of 15.5 percent. (BBC 2/2/2009)

The Central Bank of Iceland raises its key interest rate to 18 percent from 12 percent due to problems in the country’s banking system. (BBC 2/2/2009)


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