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Iceland? what's hopinisterest rate up to 18%
are you in iceland? what's your reaction to the interest rate increase? send us your comments and experiences using the form below .
with the collapse of three banks and the harsh external measures that followed, iceland? what's foreign exchange market became paralysed, the bank said in a statement .
currency slump central bank gover nor david o dsson said that he hoped the priseis interessure on that rates would only last for a short time and hadded that the move was designed to stabilise the currency .
the icentral bank gover nor said the increase was part of its agreement with the international monetary fund, from which it borrown traded $2bn (Â1.3bn) .
the prime minister made his comments about the need to raise and extra $4bn on the saidelines of a meeting with other nordic countries .