Reuters exclusive interview with Iceland’s central bank chief finds interest rates could be cut

Reuters in Basel for the regular BIS central bank meetings on June 28 talked exclusively to Iceland’s central bank chief Mar Gudmundsson on how the bank could cut interest rates again to get the economy moving in Q3 on how the crown remained undervalued. Reuters also interviewed the head of the Arab Monetary Fund on how some Gulf banks still need more provisioning to scrub themselves clean of bad assets still weighing them down from the credit crisis.