Tag: interest rates
Krone remains weak as interest rates and prices rise
Norway's key interest rate rose again on Thursday and the price of the country's North Sea crude oil is higher than it's been in...
Norwegian banks boost interest rates, again
Norway's biggest bank, DNB, was once again the first to announce another interest rate hike this week. It comes after the country's central bank...
Krone gained more strength
The cost of one US dollar fell under 10 Norwegian kroner for the first time since last winter on Thursday. It didn't last long, but...
High housing prices start to sink
Norway's notoriously high housing prices fell last month for the first time this year, by a national average of 1.2 percent. Analysts expect a...
Rate hike aimed at curbing inflation
Norway's central bank stepped up its battle against inflation on Thursday, raising interest rates once again by a half- instead of a quarter-point. It's...
Central bank raises rates, again
Norway's central bank had little choice but to raise its policy rate once again on Thursday, if by only another quarter-point. Several Norwegian economists...
Weak ‘krone’ baffles the experts
NEWS ANALYSIS: Norway's economy remains strong, its biggest companies are more profitable than ever, the price of its oil is still high and unemployment...
Housing prices rising again
Despite' predictions that rising interest rates and economic uncertainty would chill Norway's hot housing market, prices for residential property jumped yet again last month....
Interest rates keep rising in the worst and the best of times
NEWS ANALYSIS/UPDATED: The rich are getting richer and the poor poorer in Norway, where another rise in interest rates is meant to curb inflation....
Market turbulence fuels uncertainty
It was another turbulent day on the Oslo Stock Exchange and most others around the world, as new economic uncertainty grips the markets. The...
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