Tag: interest rates
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...
Falling oil prices keep interest rates low
Norway's central bank decided once again on Thursday to keep its key lending rate at its low level of 1.5 percent, with many analysts...
Interest rates unchanged
Norway's central bank board hasn't raised or lowered the country's key lending rate since March 2012, and its members didn't make any changes this week...
‘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,...
DNB ‘most solid’ but shares suffered
Norway's largest bank, DNB, has reported more huge profits in its second quarter and described itself as one of the world's "most solid" banks. That...
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...
Low interest rates to offset oil losses
NEWS ANALYSIS: The Norwegian central bank's decision this week to keep interest rates low is rooted in a sobering but now widespread prediction for...
Interest rates to ‘remain low longer’
Norway's central bank decided on Thursday, as expected, to keep its key lending rate unchanged at 1.5 percent. The bank's executive board saw no...
Biggest banks cut interest rates
Several of Norway's major banks cut interest rates on home loans this week after months of customer and political protests. The country's largest bank,...
Interest rates to stay steady
Norway's central bank (Norges Bank) will leave interest rates unchanged at 1.5 percent, and does not anticipate a rate rise until the summer of...
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