Exchange Rate in Iceland
Iceland - Exchange RateEconomic activity likely remained muted in the third quarter, although full national accounts will not be released until the end of November. Visitor arrivals decreased year-on-year in September, as the collapse of WOW air earlier this year continued to ripple through the tourism sector, while wage growth in Q3 slowed in annual terms relative to Q2, which could have weighed on private consumption. More positively, the average unemployment rate dipped in the quarter, and consumer confidence in September rose to its highest level since July 2018. In other news, the IMF recently completed its Article IV mission in the country; while the Fund praised the fiscal and monetary policy response to the slowdown, it highlighted the need to generate greater employment in high-skilled jobs and boost productivity growth.
Iceland - Exchange Rate Data
|Exchange Rate (vs USD)||115.3||127.5||130.1||113.3||103.6|
5 years of economic forecasts for more than 30 economic indicators.
Iceland Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||3.66||-0.99 %||Sep 04|
|Exchange Rate||126.2||-0.52 %||Sep 04|
|Stock Market||1,437||-0.32 %||Sep 04|
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