Scandinavian FX Committee Adds Countries: Rebrands
Posted by Colin Lambert. Last updated: January 13, 2025
What has been known as the Scandinavian FX Committee, the private/public forum for FX markets in the region, has unveiled two extra central bank members and rebranded to the Nordic Countries FX Committee (NCFXC).
Sedlabanki Islands, Suomen Pankki, respectively the central banks of Iceland and Finland, have joined the newly-re-branded committee – previously they have been observers, they join private sector members as well as those from Danmarks Nationalbank, Norges Bank and Sverige’s Riksbank. The NCFXC is one of 16 local FX committees that provide membership to the Global FX Committee for its twice-annual meetings and working groups.
At the same time as the new members are joining the rebranded committee, the chair is passing from Norges Bank to Sveriges Riksbank as part of the rotation of the position every two years.