Norwegian Krone strengthens after interest rate hike by Norges Bank

An interest rate hike by Norges Bank has strengthened the Norwegian Krone against the U.S. Dollar and the Euro. Reports indicated that the U.S. Dollar traded at 9.26 Kroner and the Euro at 10.90 Kroner before the announcement, with the exchange rates improving to 9.23 and 10.87 respectively shortly after the interest rate hike. Higher […] The post Norwegian Krone strengthens after interest rate hike by Norges Bank first appeared on IceNews - Daily News.