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Name | Symbol | Market | Type |
---|---|---|---|
Euro vs Norwegian Krone | FX:EURNOK | Forex | Exchange Rate |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0063 | -0.05% | 11.62003 | 11.61838 | 11.62167 | 11.6379 | 11.59949 | 11.62814 | 0 | 21:08:09 |
The Norwegian Krone trimmed its early losses against the euro in European deals on Thursday, after Norway's central bank retained its key interest rates at a record low, as expected by economists.
The Executive Board of Norges Bank kept its policy rate at 0.75 percent. The bank reduced its rate by a quarter point each in June and September.
"An overall assessment of new information implies that the key policy rate be kept unchanged at this meeting," Governor Oystein Olsen, said.
The Norwegian Krone reversed from an early 6-day low of 9.4164 against the euro, rising to 9.3069. The Krone may locate resistance around the 9.2 level. The pair finished Wednesday's trading at 9.3792.
1 Year Euro vs NOK Chart |
1 Month Euro vs NOK Chart |
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