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Thursday, June 4, 2026

Tag: currency

‘Still no crisis’ as krone falls again

Norway's krone plunged on Tuesday, a day that currency brokers were referring to as "historic" for Norwegian exchange rates. The dive was blamed on another fall in oil...

Jensen ready to readjust economy

Finance Minister Siv Jensen, reacting to Thursday's surprise cut in interest rates, claimed Friday that no one should be surprised that the Norwegian economy...

Krone took a dive as rates dropped

It cost more than nine Norwegian kroner to buy a euro on Thursday, after Norway's central bank cut its key interest rate. Norway's currency fell in...

Interest rates cut to offset decline

Norway's central bank board answered recent calls to lower interest rates on Thursday, in the face of what one economist called a "considerably weaker outlook for...

New currency gets some rave reviews

It's already been called "the world's best-looking cash." Norway's central bank (Norges Bank) held an unusually harmonious design competition earlier this year that's resulted in...

Weaker currency hits importers

For years, Norwegian exporters complained that Norway's currency, the krone, was much too strong. The value of the krone has since weakened considerably, falling in...

‘Krone’ rallies on higher inflation

Norway's currency, the krone, logged a sudden surge in value after some new inflation numbers surprised analysts and traders. Higher prices, especially for food,...

Weaker krone hits holiday makers

July is typically the time when many Norwegians head abroad, seeking sun and relaxation in warmer, cheaper southern European countries. This summer's holiday may be...

Stronger krone can prod wage talks

Norway's currency, the krone, has been building up strength again in recent weeks, just as the country's trade union and employer organizations sat down...

Norway’s currency may take a dive

A highly respected currency expert at Japanese securities firm Nomura in New York has issued a few warnings about the future value of the...
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