tory burch shoes Iceland's central bank cut its be

43nike9485qt

,[link widoczny dla zalogowanych]
train collector html simple template model

Iceland's central bank cut its benchmark rate by 50 basis points to 8%
- Yahoo Finance

According to foreign media reports today, Iceland's central bank on Wednesday decided to cut its benchmark interest rate by 50 basis points. Prior to this, the international lender said the country to rebuild its financial system and measures are carried out in accordance with the established track, and thus the exchange rate of ISK formed support. Iceland's central bank said on its Web site today, 7 days a secured loan that the bank will lower interest rates to 8%, while deposit rates will be reduced from 7% to 6.5%. Since the end of 2008 the Government of Iceland the International Monetary Fund (IMF), the group led by loans to get 4.6 billion dollars, the central bank has cut benchmark interest rates 10 times, 18% from the record down to the current 8%. Decision making in the central bank cut interest rates, the Icelandic krona fell 0.1% against the euro,[link widoczny dla zalogowanych], the highest earlier in the day was up 0.2%. As of 10:00 local time in Iceland (17:00 GMT), the Icelandic krona against the euro for each euro 156.85 crowns. International Monetary Fund in April of this year to start lending to Iceland,[link widoczny dla zalogowanych], the release of 1.6 billion dollars in payments to help push down the Iceland's credit default swap price, as investors speculated the Government of Iceland to repay their debt in question already in a better position. Iceland's central bank said yesterday that the bank has repurchased 236 million of bonds to reduce dependence on external financing for Iceland, these bonds are scheduled to expire in 2011 and 2012. Restart from the International Monetary Fund loan scheme since the five-year bonds of Iceland's credit default swap prices have fallen by 65 basis points to 313 basis points. Credit default swaps are derived from the credit card loans are a financial derivative products, can be seen as a financial asset default insurance, creditor debt risk by selling this contract, the contract price is premium. In the credit default swap, a price point of $ 1,000 per year to protect 10 million U.S. dollars of bonds in the five years from breach of contract. In addition,[link widoczny dla zalogowanych], the Icelandic central bank's capital control measures taken by the Icelandic krone exchange rate has also formed a support. Kusakabe since last November 12 contact low since the krona against the euro has been a 19% level in order to curb the rising trend in consumer prices. Data show that the rate of inflation in Iceland last month, down 0.8 percentage points to 7.5%. Islandsbanki hf Bank's economic research department head Ingolfur Bender said: \decline, and the time the next few months will further decline. \
More articles related to topics：

discount cosmetics mac Zhangzidao - little effect

Tory Burch Shoes U.S. stocks rose on Tuesday, the

[link widoczny dla zalogowanych]