Tag: interest rates

Banks face potential rate scandal

Norwegian banks are facing claims by several international financial institutions that they've been manipulating their interbank lending rates. Norway's central bank, Norges Bank, is...

Good times likely to roll into 2013

Norway's strong, oil-fueled economy looks set to stay that way in 2013, according to the country's biggest bank, DNB. Its analysts and economists predict...

Borrowing costs set to stay low

The cost of borrowing money in Norway is expected to stay low at least through early next year, following the central bank board's decision...

‘No interest rate increase this year’

Norway's central bank, Norges Bank, not only refrained from raising interest rates on Wednesday but its deputy governor said its key lending rate is...

Euro sinks to new low against krone

More bad economic news from Spain sent the value of the Euro to its lowest levels against the Norwegian krone for nearly 10 years...

Borrowers avoid interest rate hike

Norway's central bank board has ignored some economists' calls for a hike in interest rates. Just a day after even Prime Minister Jens Stoltenberg...

Central bank left lending rate low

The executive board of Norway's central bank left the country's key lending rate unchanged at 1.5 percent, after their latest meeting on Thursday. Officials...

Central bank cuts interest rates again

Three weeks ago, the head of Norway's central bank told a group of foreign correspondents in Oslo that while the bank's key interest rate...

Battered bank boss still smiling

Øystein Olsen, head of Norway's central bank, was still smiling this week, even after his proposal to further limit use of oil revenues was...

Norway’s currency stronger than ever

The Norwegian krone set another record last year in terms of sheer strength, compared to other foreign currencies. That makes Norway even more expensive...
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