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Central bank: ‘No rise in interest rates’

February 3, 2010  

Norway’s central bank decided against raising interest rates on Wednesday, opting to keep its key policy rate at 1.75 percent. The executive board of the Bank of Norway (Norges Bank) cited a need for stability and a goal of keeping rates within an “interval” from 1.25 to 2.25 percent. “We have chosen to keep the [...]