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Sunday, June 26, 2022

Tag: currency

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...

Krone strengthens on oil price rise

Norway's volatile currency, the krone, has been much stronger this week than it was earlier this year, and analysts point to the recent rise in oil...

Norway waits for Putin’s next move

Russian President Vladimir Putin was being widely credited or blamed for the sudden rise in oil prices towards the end of this week. With prices...

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