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Thursday, June 4, 2026

Tag: interest rates

‘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...

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...

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