Tag: interest rates

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...

Krone expected to rise against dollar

Norway's central bank refrained once again from raising interest rates on Thursday but now states that it's "likely" to do so in September. That...

No rise in interest rates, for now

Norwegians with big mortgages could breathe another sigh of relief on Thursday, after the country's central bank board refrained once again from raising interest...

Interest rates set to rise ‘cautiously’

Norway's central bank announced Thursday morning that its executive board is poised to raise interest rates at the end of this summer. The bank's...

Rate firm as krone, housing perk up

Norway's central bank kept its key lending rate unchanged as expected, at its record low level, amidst news that Norway's housing market is stronger...

Hint of higher rates boosts the ‘krone’

UPDATED: Norway's krone has been through another period of extreme weakness during the past week, but it gained strength on Thursday. The boost came...

Krone’s latest dive ‘unique, strange’

Norway's currency, the krone, has been caught in another puzzling downward spiral this week that's left analysts groping for explanations. Despite more positive economic...
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