"I think the IMF and the Nordic countries will present a joint package by tomorrow night." - Iceland

Posted 06/11/2008 - 16:56 by steveejeb

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2008-11-06 (All day)

Key to restoring faith in the krona will be money from the IMF and a further $4 billion Iceland has said it is seeking from other lenders. "We are awaiting the loan deal with the IMF and the Nordic countries," said Carl Hammer, foreign exchange strategist at SEB. "Focus is then on what measures and conditions it will contain. I think the IMF and the Nordic countries will present a joint package by tomorrow night."