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Friday, March 29, 2024

Tag: currency

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...

‘Weakest krone’ since 2009

The value of Norway's currency has suddenly fallen to its weakest level since 2009, making the country's notoriously high prices slightly less startling for...

Cash ban call rejected

Government officials and consumers alike are rejecting a proposal to change Norwegian law so that hotels and restaurants could legally refuse to accept cash...

More merchants accept euros

Norway has turned down membership in the European Union (EU) twice and firmly sticks by its own strong currency, the krone. That hasn't stopped...

More economic warnings, ‘no crisis’

The sudden decline in the value of Norway's currency, lower oil prices and a rise in bankruptcies were all prompting another round of warnings...

‘Krone’ falls on bank board news

The value of the Norwegian krone fell sharply on Thursday, after the country's central bank left its key interest rate unchanged and indicated it...

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