Originally Posted by
docjones
The thing is that since ISK is such a small currency, any significant investment by IP should be preceded by commensurate ripples in the FX market. This certainly was the case previously. They can't simply dump tens of millions of dollars into the market without some visible effect. There have been no ripples of any kind during the last week or two. Then again, maybe someone has dialed up Seðlabanki Íslands and asked them to assist with it...
Would they have to pay ISK to the company? I thought that a company could accept a cash injection in any currency. I suspect that a large part of the costs (fuel, payments to airports and ATC outside Iceland) isn't in ISK to begin with.