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About 32 results for "kronurs"

Carry Traders' Love of Kronur Is Unrequited in Iceland

Carry Traders' Love of Kronur Is Unrequited in Iceland

Central banker sees inflow to Treasuries as a `problem' Foreign investors may be getting too comfortable in Iceland. With capital controls about to be eased, investors are piling in to profit from the nation's higher interest rates, driving the ... Bloomberg, 2 months ago

Hedge Funds Get Reality Check From Iceland PM Bracing for Exit

(Bloomberg) Iceland's prime minister expects hedge funds to pay their fair share as the country prepares to dismantle the final barriers to free capital flows.After releasing $17 billion in cash for creditors in its failed banks, the government is ...
 HedgeCo3 weeks ago

Hedge Funds Facing Exit Choice as Iceland Brings `Pot of Money'

After years of playing hard ball with hedge funds and other creditors, Iceland's central bank chief is feeling a bit more generous. The authorities are designing the final step in freeing the last of the investors trapped behind country's ...
 Bloomberg3 weeks ago
Yahoo! Maktoob News

After Russian embargo, stormy seas for Iceland's fisheries

In Iceland's small harbours, a Russian embargo on European fish imports isn't just a headache for fishermen -- it's a headache for everyone. "Of course we're worried," says Astvaldur Sigurdsson, a grocer in Neskaupstadur, a town of 1,500 people ...
 Yahoo! Finance UK and Ireland3 weeks ago

Iceland Regulators Mull New Rules as Capital Inflows Return

AM (Bloomberg) -- Until recently, Iceland's main concern was too much capital leaving the country. Now, it's about too much of it coming in. Seven years after its biggest lenders collapsed under $85 billion worth of debt, the island nation's ...
 La Repubblica1 month ago

Iceland Explores Tobin Tax to Protect It From Carry Trade Risks

Iceland will need a broad package of measures, including potentially a financial transaction tax, to ensure stability as it prepares to unwind the last of its capital controls, according to the head of parliament's economic affairs committee. ...
 Bloomberg1 month ago

Iceland Bank Collapse Nears End as Creditors Reach Last Accord

A seven-year standoff between Iceland and the international creditors of its failed banks is nearing and end after a court approved the last remaining settlement. The agreement signed by the caretakers of LBI hf paves the way for creditor payments ...
 Bloomberg1 month ago

Iceland Bank to Pay $3.8 Billion After Krona Controls Lifted

Iceland granted an exemption to capital controls for the first of its three failed banks, a key step for creditors that have been trapped since the island walled off its currency in the wake of the banking collapse in 2008. The administrators of ...
 Bloomberg1 month ago Iceland Frees First Failed Lender From Capital Control Regime  Yahoo! Finance UK and Ireland1 month ago

Iceland maintains rates but still sees tighter policy stance

(Before It's News) Iceland's central bank left its key interest rates steady on an improved outlook for inflation but added that a tighter monetary stance will still be needed due to growing inflationary pressures. The Central Bank of ...
 Before It's News2 months ago
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