Photographer: Arnaldur Halldorsson/Bloomberg

Iceland’s Fishing Industry Roots for Rate Cut Amid Krona Gains

Updated on
  • Central bank holds its next rate-setting meeting on Wednesday
  • Outcome of Oct. 29 elections may impact fish quota system

While the world around it frets over ultra-low interest rates, Iceland’s fish export industry is rooting for another rate cut to maintain market share amid a strengthening krona.

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