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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 11.3853 | 11.38287 | 11.38773 | 0 | 01:00:00 |
From Jun 2019 to Jun 2024
The Norwegian krone strengthened against the euro in the European session on Thursday, after Norway central bank announced to hold its key interest rates unchanged.
Norway central bank held its key interest rates unchanged, defying expectations for further reduction, citing small impact on the economy from lower oil prices and rising housing prices.
The Executive Board of the Norges Bank left the sight deposit rate at 1.25 percent, while economists' had predicted a cut to 1 percent.
Against the euro, the krone rose to a 3-day high of 8.6350 from an early low of 8.9304. At yesterday's close, the krone was trading at 8.8697 against the euro.
If the krone extends its uptrend, it is likely to find resistance around the 8.35 area.
1 Year Euro vs NOK Chart |
1 Month Euro vs NOK Chart |
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