Cod and Viking ships on safer banknotes
Cod and Viking ships on safer banknotes Kristian Birkeland is replaced with a cod, while the Gokstad ship takes over after Kirsten Flagstad. The safer…
Norges Bank
Norges Bank retains key interest rate unchanged at 0.5%
Key interest rate unchanged at 0.5% The central bank’s chief, Øystein Olsen, announced on Thursday that Norges Bank’s Executive Board has decided that the…
Norway’s National Bank keeps as predicted the key interest rate at 0.5 percent
In line with analysts’ expectations the Executive Board of Norges Bank keeps the key interest rate unchanged at 0.5 percent. The decision was announced Thursday….
COMMEMORATIVE COIN TO MARK THE 100TH ANNIVERSARY OF THE FIRST SAMI CONGRESS
Today, Norges Bank issued a 20-krone special edition circulation coin to mark the centenary of the first Sami congress. The coin’s centenary motif, “Interplay”, was…
Tax Director would shed 1.000 kroner notes. Norges Bank is skeptical
Tax Director: – We do not need 500 and 1000 kroner notes. The Tax Administration, many business sectors and banks want to get rid of…
Norges Bank considers new ‘e-money’
While hard-cash is on the wane, Norges Bank is considering introducing online, ‘virtual’ banknotes, a new type of electronic money. Today we use money in…
Norges Bank keeps key rate unchanged
Norges Bank is keeping the awaited key interest rate unchanged at 0.5 percent. It is slightly more likely that the interest rate will be cut…
Norges Bank keeps key rate unchanged
As expected, Norges Bank key rate remained unchanged at 0.5 percent when the Executive Board’s decision was announced on Thursday. – Overall developments have not…
Interest rate from Norges Bank remains the same
Norges Bank is keeping the key interest rate unchanged at 0.5 percent and expects it will remain at current levels in the near future. The…
Likely new interest rate cut in autumn
Norges Bank keeps the key interest rate unchanged at 0.5 percent, but in September, an already record-low interest rates may become even lower. – There…
Analysts believe that rate will remain unchanged in Norges Bank
Norges Bank have communicated that the key rate should go further down to zero this year while analysts do not believe in rate changing on…
20 kroner coin to mark Norges Bank’s 200th Anniversary
A 20 kroner coin depicting a graph that bears the name Norgespulsen, was released on Tuesday to mark Norges Bank’s 200 year celebration. King Harald…
Norges Bank: Banks lacks monetary contingency
The banks do not have their contingency in order to ensure that people get access to cash in an emergency situation, Norges Bank believes. There…
Norges Bank governor warns against oil money spending
Governor Øystein Olsen warns Norwegian politicians against pouring more oil money into the economy. Today’s oil money spending must be tightened, was the clear warning…
Olsen wants to continue as governor in the National Bank
The position as the governor of the National Bank of Norway has been advertised, and Øystein Olsen confirms that he is going to apply for…
KEY POLICY RATE LOWERED BY 0.25 PERCENTAGE POINT TO 0.50 PERCENT
Norges Bank’s Executive Board decided to lower the key policy rate by 0.25 percentage point to 0.50 percent. “Growth prospects for the Norwegian economy have…
This week, a record low rate may become even lower
Analysts and economists are uncommonly unanonimous before Norges Bank’s monetary policy meeting next week. Each expects Norges Bank to lower the key rate to 0.5…
Analyst believe the interest rates will be cut in March
Companies expect activity to remain at roughly the same level over the next half year, according to Norges Bank’s survey. DNB Markets still believe that…
Olsen: New global crisis may threaten the Norwegian economy
If the world gets hit by a new financial crisis, the timing couldn’t be worse for the Norwegian economy, the Head of the Central Bank…
Economists believe the possibility of rate cuts is increasing
The possibility that Norges Bank will cut interest rates in March, has increased, according to several economists. The reason is that Norway last year had…