4 March 2021 - Landsbankinn
The ISK appreciated in February against the currencies of all main trading partners. At the end of the month, the EUR/ISK stood at 152.9, compared to 156.1 at the end of January, the USD/ISK stood at 126.2, compared to 129.0 at the end of January.
Turnover in the FX interbank market in February was ISK 28.8 bn (EUR 186 m) and contracted by 11% between months. Of that amount, the CBI’s share was ISK 10.2 bn (EUR 66 m), representing 36% of total turnover.
In addition to its regular sale programme of EUR 3 m per business day, the CBI intervened in the market once in January, selling EUR 6 m on 2 February. The CBI has announced its intention of continuing its regular sale programme until the end of March.
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