The Norwegian krone plunged today even though Norway’s central bank raised its benchmark interest rate, performing a rate hike for the fourth time over the year.
Krone — News Archive
Norwegian Krone Gains Despite Falling Manufacturing Production
August 8, 2019 at 12:20 Norwegian Krone
The Norwegian krone gained against some of its major rivals today despite falling manufacturing production. Some analysts argued, though, that the data was not as bad it might seem at first glance.
Norwegian Krone Climbs Despite Inflation Miss
July 10, 2019 at 20:04 Norwegian Krone
The Norwegian krone climbed today even after nation’s consumer inflation missed expectations.
Norwegian Krone Soars After Norges Bank Hikes Interest Rate
June 20, 2019 at 9:45 Norwegian Krone
The Norwegian krone surged today after the nation’s central bank announced an interest rate hike and signaled about probability of additional hikes in the future.
Norwegian Krone Follows Crude Oil in Rally
April 22, 2019 at 12:27 Norwegian Krone
The Norwegian krone gained today as the rally of crude oil boosted currencies of oil exporting nations.
Norwegian Krone Jumps After Inflation Data
April 10, 2019 at 12:38 Norwegian Krone
The Norwegian krone climbed today, reaching the highest level for the year against the euro. The reason for the sharp rise was the better-than-expected inflation print released during the trading session.
Norwegian Krone Rallies Despite Slowing Economic Growth
April 9, 2019 at 12:49 Norwegian Krone
The Norwegian krone rallied against the US dollar today even as Norway’s economic growth slowed.
Norwegian Krone Gains After Norges Bank Hikes Interest Rates
March 21, 2019 at 18:38 Norwegian Krone
The Norwegian krone managed to gain on the US dollar even though the greenback was generally strong today, rebounding after yesterday’s losses. The most likely reason for that was the interest rate hike by Norway’s central bank.
Norwegian Krone Flat Following Interest Rate Hike
September 21, 2018 at 11:07 Norwegian Krone
The Norwegian krone was little changed today after the nation’s central bank raised its key policy rate yesterday.
Norwegian Krone Gains as Norges Bank Hints at Interest Rate Hike
March 15, 2018 at 13:50 Norwegian Krone
The Norwegian krone rallied today after the nation’s central bank kept its monetary policy without change but hinted at a possibility of an interest rate hike in the near future.