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Norway leaves  key interest rate unchanged

Wednesday, 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.

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Bank 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




political-economy 

Stockholm stock market rises for fourth day in a row

Friday, 16 September 2011
Stockholm Stock Exchange opened with rising stocks for the fourth consecutive day.