Central Bank of Iceland - Agreement with owners of offshore ISK
The Central Bank of Iceland has concluded an agreement with owners of offshore króna assets subject to special restrictions pursuant to Act no. 37/2016. Under the agreement, the Bank will purchase offshore króna assets from them in the amount of equivalent of close to 90 b.kr. at an exchange rate of 137.5
Offshore króna holders that have not made an agreement with the Bank will be invited to do so in the next few days. This would apply
The announcement from the Central Bank of Iceland can be found here.