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Saturday, June 25, 2022

Tag: interest rates

Historically weak krone recovers a bit

It's been 17 years since it cost more than NOK 9 to buy one US dollar, but that's how weak the krone was through...

Interest rates steady, shares recover

The executive board of Norway's central bank kept its key policy rate unchanged at 1.25 percent on Thursday. The Oslo Stock Exchange, meanwhile, seemed...

Central bank raises interest rates

Interest rates rose another quarter-point on Thursday, after Norway's central bank decided that it was time to gently step on the country's economic brakes....

Interest rates rise on a strong economy

Norges Bank raised its key policy rate on Thursday in a move that was widely expected but also debated. Norway's central bank board ultimately...

Prospects bright for Norway’s economy

Norwegian economists agree that New Year prospects are bright for the country's economy in 2019. They predict economic growth of 2 percent, low interest...

Economists relieved as rates stay low

Economists had warned against any increase in Norwegian interest rates right now, and the country's central bank may well have taken note. Its governor...

DNB raises its mortage rates

Norway's biggest bank, DNB, didn't waste any time in raising interest rates on its home loans. It became the first Norwegian bank on Friday...

Interest rates begin to creep upwards

The executive board of Norway's central bank cautiously raised interest rates on Thursday for the first time in seven-and-a-half years, but not as much...

Rates kept stable as growth slows

Norway's central bank (Norges Bank) opted against raising interest rates on Thursday, while economists warned of weaker economic growth and "deep concern" about US...

Weaker ‘krone’ due to strengthen

Norway's krone has been losing value against the US dollar during the past week, at odds with predictions earlier this summer. Analysts now blame...

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