Norwegian Krone At Near 10-month High Versus Euro After Norway Rate Decision
22 Setembro 2016 - 2:16AM
RTTF2
The Norwegian Krone drifted higher against the euro in early
European deals on Thursday, as Norway's central bank kept its key
interest rate unchanged as widely expected and hinted no change in
the policy rates in months ahead.
The Executive Board of Norges Bank decided on Thursday to keep
the benchmark rate at 0.50 percent. The bank last reduced the rate
by 25 basis points in March.
"Our current assessment of the outlook suggests that the key
policy rate will most likely remain at today's level in the period
ahead," Governor Øystein Olsen said.
The Norwegian Krone climbed to 9.1210 against euro, its
strongest since November 30, 2015. At Wednesday's close, the pair
was worth 9.2363. The Norwegian Krone may locate resistance around
the 9.00 zone.
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