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Wednesday, February 21, 2024

Tag: currency

Oil price dives as do shares, krone

Shares traded on the Oslo Stock Exchange fell another 2.5 percent on Thursday, while the price of Norway's North Sea crude oil remains in...

More new currency notes set to sail

Norway's central bank is due to formally launch its new 500- and 50-kroner notes into circulation on Thursday. The new bills, issued in order...

Old currency invalid from Thursday

Norwegian media and the country's central bank were reminding Norwegians on Wednesday that it was the last day they could use the NOK 100-...

Some bank notes expiring in May

Norway's central bank (Norges Bank) has started warning the public that some of its currency notes that were replaced last year are about to...

Cash survives, in new updated style

Serious, official efforts to turn Norway into a cashless society have been put on ice, just in time for the country's central bank to...

Some Swedish money soon to be rendered worthless

Swedish banks were expecting an extra influx of customers this week, including many Norwegians, who may be anxious to exchange Swedish currency that's about to be...

Stronger krone and higher food prices send shoppers fleeing over the border

Norway's currency, the krone, has suddenly regained strength in recent weeks and that, combined with a sharp rise in food prices at Norwegian grocery stores...

Mint cuts jobs as coin use tumbles

Norway's national mint, Det Norske Myntverket, has sent out warnings that it must cut costs and, most likely, jobs. Fewer Norwegians are using cash,...

Norwegian Air’s stock pounded

The Oslo Stock Exchange was having another bad day on Monday, with all its five most-traded shares falling once again. None dove as steeply as Norwegian...

‘Game of krones’ surprises players

Norway's krone was keeping currency players busy on Tuesday, zooming back up to a value higher than it was before OPEC ministers failed to reduce oil production...

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