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Norway Krone Falls as Officials Talk About Stimulus, Rebounds

The Norwegian krone fell today on signs that policy makers are ready to stimulate economy if its growth slows further. As of now, the currency managed to return above the opening level.

Norwegian Policy Makers Think Krone Too Strong

The Norwegian krone fell a little against the US dollar today and may retreat even further on speculations that policy makers will try to push the exchange rate down. The currency remained firm against the euro.

NOK Falls as Government Concerned About Currency’s Strength

The gains of the Norwegian krone caused the concerns that the stronger currency will hurt competitiveness of the nation’s exporters. The currency fell today after it sharply advanced on the previous trading session.

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