Iceland receives final Nordic cash injection

Central Bank of Iceland

The Central Bank of Iceland has received the last tranche of bilateral loans from its Nordic partners, as part of an International Monetary Fund (IMF)-supported economic programme, but has agreed to extend an agreement with Poland to draw down a loan at a later date.

The central bank said a total of €887.5 million ($1.13 billion) in loans from officials in Denmark, Finland, Sweden and the Norges Bank had been deposited in its foreign exchange reserves.

The loans from Denmark, Finland and Sweden

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