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Overview of the Icelandic FX market

The ISK depreciated by 2.8% against the EUR and 1.7% against the USD in June. At the end of the month, the EUR/ISK stood at 155.3, compared to 150.9 at the end of May. Turnover in the interbank foreign exchange market was ISK 42,2bn (EUR 276m) in June. The CBI’s share of the turnover was ISK 11.9 bn (28%).

Icelandic FX market - 3 July 2020 (PDF)