Siv Jensen expecting turmoil in financial markets

Finance Minister Siv Jensen.Oslo.Finance Minister Siv Jensen.Photo : Gorm Kallestad / NTB scanpix

The result of the referendum in the UK has resulted in large movements in the international financial markets. This will continue in the coming days, according to Finance Minister Siv Jensen.

– The British pound and the euro has dropped, while the US dollar and Japanese yen has strengthened. Norwegian kroner have strengthened against the pound, but weakened against the dollar and euro. Oil prices have dropped a bit somewhat, while stock markets have fallen. The turmoil in international markets shows that the voting results came unexpectedly, and we have to expect market volatility in the days ahead,  Jensen said at a joint press conference with Prime Minister Erna Solberg on Friday morning.

 

Source: NTB scanpix / Norway Today

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