Tag: currency
Krone falls and rises with wild market
Norway's currency continued its wild ride this week, both falling and recovering along with markets that grabbed attention worldwide. The krone gained against the US...
Krone falls again along with oil prices
Norway's krone has weakened once again in line with another fall in oil prices. The new signals of economic unrest also set off a...
Norway’s ‘krone’ caught in a storm
UPDATED: Never before has Norway's currency, the krone, had a more unstable summer, according to analysts in Oslo. It's as unstable as the weather...
Best summer ever for Hurtigruten
Norway's iconic coastal shipping line Hurtigruten is sailing through what's likely to become its best summer season ever this year. Rainy and chilly weather in...
Krone falls along with oil prices
It was costing more than eight Norwegian kroner to buy one US dollar on Monday morning, the weakest level for Norway's currency in several...
Rate cut aimed at boosting growth
The board of Norway's central bank finally acted on its plans to lower interest rates before the summer holidays set in, noting that wage growth...
‘Kroner’ fell again on weak orders
It was costing nearly eight Norwegian kroner to buy one US dollar Tuesday morning, after the country's newly battered currency slumped against most others'...
Central bank defies predictions again
The board of Norway's central bank once again defied the predictions of economists and analysts by refusing on Thursday to further reduce its already record-low key...
DNB, Hydro profit amidst concerns
Not all of Norway's companies are reporting dismal profits this week, as a flood of first-quarter results were being announced. Norway's biggest bank, DNB, logged...
No cut in rates, krone rebounds
UPDATED: Norway's central bank defied the expectations of analysts and economists on Thursday, with its board opting against another cut in its key lending...
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