Financial Times FT.com

Rescue plan helps lift Icelandic krona

By Esther Bintliff

Published: October 7 2008 11:16 | Last updated: October 7 2008 20:22

The Icelandic krona rallied on Tuesday following dramatic government moves to shore up the country’s finances.

The krona surged 13.6 per cent to IKr110.21 against the dollar, and was up 12.8 per cent at IKr149.98 against the euro.

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