Norway Norges Bank Interest Rate Decision
The Central Bank of Norway (Norges Bank) determines the benchmark interest rate in Norway. The key policy rate, often known as the sight deposit rate, is the official interest rate.
A higher than expected figure should be seen as positive (bullish) for the NOK while a lower than expected figure should be seen as negative (bearish) for the NOK.
Forex Sentiment (NOK)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURNOK |
|
|
11.2853 -4005 pips |
11.7134 -276 pips |
11.6858 | |
| USDNOK |
|
|
10.5032 -1444 pips |
10.7944 -1468 pips |
10.64756 | |
| GBPNOK |
|
|
13.5075 -86 pips |
13.5206 -45 pips |
13.51612623296983 | |
| NOKJPY |
|
|
13.7519 -4 pips |
13.9086 -12 pips |
13.790217376 | |
| NOKSEK |
|
|
0.9730 +69 pips |
1.0054 -393 pips |
0.96613 |
News (NOK)
Nokia Q3 Results Down, To Cut Up To 14,000 Jobs; Stock Dips
Shares of Nokia Corp. were losing around 4 percent in the morning trading in Helsinki as well as around 3 percent in pre-market activity on the NYSE after the Finnish telecom major reported Thursday a sharp drop in its third-quarter profit and revenues amid ongoing macroeconomic challenges. Separately, Nokia announced a cost reduction program, expecting to cut up to 14,000 jobs.
RTTNews | 41 days ago
Norges Bank Signals December Hike On High Inflation
Norway's central bank raised its key interest rate by 25 basis points on Thursday, as signaled during the previous meeting, and sounded more hawkish than expected with Governor Ida Wolden Bache saying that there would likely be another hike in December as inflation remains significantly above the bank's 2 percent target.
RTTNews | 69 days ago
Norges Bank Signals Tightening To Continue In September
The Norwegian central bank raised its interest rates on Thursday, in line with its guidance in June, and hinted at further tightening ahead if the economic situation pans out as expected.
RTTNews | 104 days ago
