Iceland builds foreign reserves
NEWS
The CBI's minister of finance, Geir Haarde, has decided to pay off more of the government's foreign debt than had previously been planned.
"In order to meet the Treasury's increased foreign currency requirement without depleting foreign exchange reserves, the central bank will increase its regular currency purchases in the domestic interbank market," read a bank statement.
"From September 12 to the end of this year, the bank will purchase $10 million US dollars a week in addition to the $2.5
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