Norway leaves key interest rate unchangedWednesday, 21 September 2011
The Norwegian central bank decided today to keep interest rates unchanged. The Norwegian krone strengthened as rates remained at 2.25 percent.
AdvertisementBank refers to the low domestic inflation and an uncertain global economy.
Interest rate announcement follows a statement earlier in September where the bank was opened for the policy rate cuts to bring the pressure up on the Norwegian krone, which has increased since Switzerland introduced a cap on the Swiss franc.
By Scancomark.se Team
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