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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0026 | -0.02% | 11.6237 | 11.6212 | 11.6262 | 11.6379 | 11.59949 | 11.62814 | 0 | 21:16:14 |
From Dec 2019 to Dec 2024
The Norwegian krone strengthened against the euro in the European session on Thursday, after Norway's central bank decided to left its key interest rate unchanged in May for a second straight session.
The Executive Board of the Norges Bank left the sight deposit rate at 1.25 percent, in line with economists' expectations. The rate was previously lowered in December by 25 basis points, which was the first reduction in more than two years
Against the euro, the krone rose to nearly a 7-month high of 8.3118 from an early low of 8.4540. At yesterday's close, the krone was trading at 8.4358 against the euro.
If the krone extends its uptrend, it is likely to find resistance around the 8.20 area.
1 Year Euro vs NOK Chart |
1 Month Euro vs NOK Chart |
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