Iceland on sale

REYKJAVIK, Iceland (eTN) - Visitors to Iceland get twice as many Icelandic krona (ISK) for their currency compared to October last year. The value of Iceland's local currency has plummeted against all major currencies, starting at the end of September this year. The krona's free-fall came in wake of three of the country's largest commercial banks folding as a result of the world's credit-crunch, and their own cash-flow problems.

Lesið greinina "Iceland on sale" eftir mig sem birtist í vefmiðlinum eTurboNews 13. október 2008.