Tag: interest rates

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'...

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...

Stock exchange record tied to low interest rates

Tuesday's burst of activity on the Oslo Stock Exchange was being linked on Wednesday to low interest rates and the attractiveness of companies benefiting...

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...

Strict new lending rules unwelcome

Real estate brokers, bankers and borrowers alike are not laying out the welcome mat for strict new residential lending rules proposed by Norwegian finance regulators. The new...

Debt levels worry finance minister

Norway's economy doesn't face any crisis, Finance Minister Siv Jensen has said, but she's growing increasingly worried about household debt levels in the country. Ever-rising...

Dollar hits new high against the krone

For the first time in 13 years, the US dollar was trading at just over NOK 8 on Tuesday. The move reflects an ongoing...

Central banker sleeps well

Øystein Olsen, governor of Norway's central bank, could finally relax a bit over the weekend after delivering the annual address that's among the most closely followed in the country....
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