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USDNOK United States Dollar vs Norwegian Krone

10.8699
0.0176 (0.16%)
Last Updated: 01:41:43
Delayed by 15 minutes
Name Symbol Market Type
United States Dollar vs Norwegian Krone FX:USDNOK Forex Exchange Rate
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.0176 0.16% 10.8699 10.8669 10.8729 10.87329 10.85111 10.85111 0 01:41:43

Norwegian Krone Climbs To Near 2-month High Vs Dollar After Norway Rate Hike

20/06/2019 6:32am

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US Dollar vs NOK (FX:USDNOK)
Forex Chart


From Mar 2019 to Mar 2024

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The Norwegian Krone moved up against the U.S. dollar in the early European session on Thursday, as Norway's central bank raised its key interest rate and signaled that more hikes are likely this year, citing stronger-than-expected growth and inflation hovering near target.

The Executive Board decided to raise the policy rate by 0.25 percentage point to 1.25 percent, the Norges Bank said.

"Our current assessment of the outlook and balance of risks suggests that the policy rate will most likely be increased further in the course of 2019", Norges Bank Governor Oystein Olsen said.

The Norwegian Krone appreciated to near a 2-month high of 8.56 against the dollar, up from Wednesday's closing value of 8.70. The next possible resistance for the Norwegian currency is seen around the 6.8 level.

1 Year US Dollar vs NOK Chart

1 Year US Dollar vs NOK Chart

1 Month US Dollar vs NOK Chart

1 Month US Dollar vs NOK Chart

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