Norwegian Krone Weakens Against U.S. Dollar After Norway Decision
2017年3月16日 - 3:11PM
RTTF2
The Norwegian Krone drifted lower against the U.S. dollar in
early European deals on Thursday, after Norway's central bank kept
its key interest rate unchanged and hinted that the rates will
remain at the current level in the period ahead.
The Executive Board of the Norges Bank kept its policy rate at
0.50 percent as economists had forecast.
"Monetary policy is expansionary and supportive of structural
adjustments in the Norwegian economy," Governor Øystein Olsen,
said.
The Norwegian Krone dropped to 8.5550 against the greenback, off
its early 8-day high of 8.4718. The Norwegian currency is likely to
find support around the 8.6 region.
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