- Created on Monday, 19 December 2011 07:21
- Written by Glenn Szlagowski - Financial Adviser
Iceland adopting the Canadian dollar?
According to Bill Mann’s Dec 13, 2011 article at marketwatch.com, Iceland is seriously considering adopting the Canadian currency to replace its old currency –the krona.
According to the article, Iceland’s currency fell into steep decline when Iceland’s banking system went bust in 2007.
The entire Bill Mann article may be found here: http://www.marketwatch.com/story/iceland-adopting-the-canadian-dollar-2011-12-13
And the original Canadian Business Magazine article can be found here: http://www.canadianbusiness.com/article/54872--will-iceland-get-loonie