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5 months ago
Icelandic crown bounces back vs dollar in wake of capital curbs removal
March 15, 2017 / 8:36 AM / 5 months ago

Icelandic crown bounces back vs dollar in wake of capital curbs removal

LONDON (Reuters) - The Icelandic crown snapped a two-day losing streak to strengthen against the dollar on Wednesday after the government lifted its remaining capital controls imposed during the 2008 financial crisis.

The crown gained 0.3 percent against the greenback to trade at 110.22 ISK=, recovering from a four-week low hit on Tuesday. The crown traded flat against the euro EURISK=.

Reporting by Karin Strohecker; Editing by Hugh Lawson

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