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Monday, June 15, 2026

Tag: interest rates

Krone strengthens on stable rates

Norway's volatile currency, the krone, immediately strengthened against the US dollar and other currencies Thursday morning, after the country's central bank opted against lowering...

‘Krone’ dives after oil prices sink again

Norway's already weakened currency, the krone, took a new dive on Tuesday, falling to its lowest level against neighbouring Sweden's kronor in 20 years....

Norges Bank: ‘No interest rate cut’

The executive board of Norway's central bank, Norges Bank, has decided against another cut in its key lending rate, at least for now. Despite...

Krone sinks to new low against the dollar

Norway's currency, the krone, sunk to a new low against the US dollar on Wednesday afternoon. At around 4:30pm, it was costing NOK 8.60...

Still ‘no crisis’ as more jobs vanish

A new analysis of Norway's job market warns that as many as 200,000 full-time jobs may disappear over the next five years because of the...

New light amidst economic gloom

Record-low interest rates, a weaker but far more competitive currency and even prospects for increased defense spending are shedding some new light on Norway's sudden economic gloom....

Krone falls on interest rate cut

The value of Norway's currency, the krone, took another dive on Thursday after the country's central bank cut its key lending rate again by a...

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...

Fewer Norwegians save their money

A new survey reports that 10 percent of the Norwegian population never puts portions of their income into savings accounts, but that men save more...

‘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'...
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