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Norwegian Krone Flat Following Interest Rate Hike

The Norwegian krone was little changed today after the nation’s central bank raised its key policy rate yesterday.

Norwegian Krone Rises After Central Bank’s Meeting, Crude Oil Rally

The Norwegian krone rose against the US dollar today after the nation’s central bank basically ruled out the possibility of an interest rate cut. The gains of crude oil also helped the currency.

Norwegian Krone Rises, Ignoring Interest Rate Cut

The Norges Bank was yet another central bank to hold policy meeting today. The bank made a decision to cut its key interest rate. Surprisingly enough, the Norwegian krone gained against its major peers despite the news.

Norwegian Krone Remains Weak After Interest Rate Cut

The Norwegian krone remained weak today after Friday’s decision of Norway’s central bank to reduce its key policy rate. The bank predicted that borrowing costs will remain unchanged for the next two years.

Norway Krone Falls as Central Bank Intervenes

The Norway krone declined today after the Norway central bank announced its plans to purchase foreign currency, weakening the nation’s currency.

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