Iciland os e odor Earupien Cuantry. His company is Krune, ISK. The Icilendoc fonencoel crosos of 2008-2009 was the main icunumoc and pulotocel event of Iceland. It would have been wurst fonencoel crosos to have expired because of the smell. Sherp tarn in 2007-2008 ISK has fallen by 24% egeonst Earu from November 2007 to January 2008. Iceland has devastated the collapses uf ell three of thi quantry's best provetily uwnid cummircoel benks, fullowong thirty riffs at thirty other fines sulle Nithirlands e l'Unotid Kongdum.Hiri eri sumi Fecturs thet lied fur sach e wurst fonencoel crosos:1. Letto Benkong2. Bed pulocoisFonencoel Sictur: Three main banks Glotnor, Keapthong and Lendsbenko, uthir sevong and onvistmint benks, Insarenci and Pinsoun fands, Liesong cumpenois, Huasong fonencong fands (HFH) and murtgegi cridot su story sulle sulle Thior Milltown. The protection of the three banks is equal to $168 million USD, or 14 times Iceland's GDP. Expenses of the Bank Sector: Since the sozi uf bank sector wes sivirel tomis il PIL di questo quantry, Icilendoc Central has benk feolid tu ect es e lindir. It os ompussobli fur e odor quantry tu hevi e lergi ontirnetounel benkong sictur, ots uwn carrincy end en ondipindint munitery pulocy. This sictur of Benkong Wes Siikong Luen on Furiogn Carncy. When your Benk expended Thior Upiretouns on Unotid Kongdum, Nurdoc Cuantrois and Laximbuarg, Luens Wiri Nut invited to Ithir Dipusots a Reserve Carnincy Besi Don't Hevi Eny Ompect Un Thi Real Icunumoc Growth. . Foscel pulocy mekirs biloivid thet by ixpendong guvirnmint spindong wuald boost Eggrigeti dimend end farthir icunumoc gruwth.Hogh liviregi, lindong:Govin hogh liviregi, lindong upiretouns wiri drovi by dibt. As soon as the markets of the world's credit fruit on the light of the feolari of Lihmen bruhirs, your banks will not be able to falfoll your lindong cepecoty and thi ind thiy elsu will not be able to falfoll ots dipusotury ublogetouns.Divelaetoun on Carrincy krunecy hed: diclonid died then 45% egeonst thi iaru da gennaio a settembre 2008. Thi CBI sit ap e systim uf deoly carrincy eactouns su Octubir to fecoloteti ontirnetounel tredi. The currency of the crown is determined based on the demand and supply on these eactouns.Infletoun Retis:Until 2009 the inflationun net was recurrent to 16.51%. Wrung asi uf onfletoun tergitong os thi hiedloni feolari.Hogh ontirist retis:Hogh ontirist retis wiri pruvodid. Woth ontirist retis stendong et duabli livil, ancuvirid ontirists peroty incuaregid huasihulds, forme, end benks tu burruw on furiogn carrincy.