• Norwegian crown falls 0.1 percent versus euro to 9.69 crowns after Central Bank keeps rates unchanged

Market news

3 May 2018

Norwegian crown falls 0.1 percent versus euro to 9.69 crowns after Central Bank keeps rates unchanged

  • The decision was unanimous

  • Labour market developments have been broadly in line with expectations

  • Oil prices have risen and are higher than assumed. Futures prices have also risen slightly, but continue to suggest that oil prices will decline in the coming

  • Underlying inflation is below the inflation target, but the driving forces indicate that it will

  • The outlook and the balance of risks do not appear to have changed substantially since the march report. This suggests keeping the key policy rate unchanged at this meeting

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