Australian dollar, Norwegian krone sink as oil tanks - Financial Times
Norway's economy is heavily reliant on oil. The krone is sitting at its weakest level against the dollar since late December, and the weakest against its main counterpart the euro since June last year. But another slide has seen the Aussie dollar ...altro »
Oily currencies wobble; Norwegian krone hits 9-month low - Financial Times
The Norwegian krone has fallen to its weakest level in more than nine months, as falling oil prices put pressure on the currencies of oil exporters. The nokkie, as it is affectionately known, is off 0.6 per cent against the euro today, at 9.4712 per ...
No change in rates despite weak krone - Views and News from Norway
Norway's central bank (Norges Bank) decided to keep its key policy rate unchanged at 0.5 percent on Thursday, even though the Norwegian krone has weakened considerably in recent weeks. The weak krone is baffling some local analysts, who can't ...
LCH Ltd opens Norwegian Krone account with Norges Bank - Finextra
LCH Ltd, a leading global clearing house, announced today that it has established deposit and intraday liquidity facilities with Norges Bank, the central bank of Norway. LCH is now settling its Norwegian Krone payments via the central bank. As part of ...
Vard slips into the red with 25m Norwegian kroner Q1 loss - THE BUSINESS TIMES
VARD Holdings swung into a net loss of 25 million Norwegian kroner (S$4.1 million) for the first quarter ended March 31 from a net profit of 37 million kroner in the year-ago period. Revenues for the period slipped 12 per cent to 1.78 billion kroner ...
Norway's central bank made a catchy music video about turning cod ... - Quartz
Enlisting the help of a local comedy group, the Norges Bank recorded a cheesy music video, “Torsken kommer II – Torske kroner nå” (“The cod is coming II – cod kroner now”). It's a remake of the 1980 hit song “Torsken kommer” by the same parody group.
GBP to NOK Exchange Rate Tumbles on UK Election Concerns and ... - Currency News
If investors are impressed by Theresa May's social care plan changes, GBP/NOK could recover to trade near the week's opening levels, but if the polling gap between the Conservatives and Labour continues to thin the Pound will weaken further as ...
“The cod is coming” – Norway c-bank promotes new NOK 200 ... - SMN Weekly (blog)
Norway's central bank Norges Bank launched a quirky video to promote the first of the new Norwegian Krone banknotes – the NOK 200 banknote featuring a cod fish. Entitled “Torsken kommer II – Torske kroner nå” (“The cod is coming II – cod kroner now”), ...altro »
Weak currency a challenge for Norwegian festivals - IQ Magazine
The weakness of the Norwegian krone is an ongoing challenge for the country's music festivals, according to Bergenfest festival director Frank Nes. Echoing the post-Brexit concerns of festival bosses in the UK – and following Friday's cancellation of ...
Norway's central bank goes viral as DJ Codfather promotes new 200 ... - The Times (subscription)
Norway's central bank has netted an unlikely viral hit after turning to DJ Codfather to promote its new 200 krone (£18) note featuring the nation's favourite fish. A comedy rap music video about turning cod into cash has had more than 20,000 views on ...altro »