(adding analyst comments in lede and fourth paragraph, currency moves in the third paragraph, and a sentence on the policy rate in the fifth paragraph.) OSLO (Dow Jones)–The Norwegian krone weakened against the euro after dovish comments from Norges Bank Governor Oystein Olsen Tuesday, SEB analyst Erica Blomgren said, noting that the strength of the [...]

February 15, 2012, 9:53 AM EST By Josiane Kremer (Updates with industry head comment in eighth paragraph.) Feb. 14 — A surge in Norway’s krone may prompt the central bank to talk down the currency’s strength as early as this week as policy makers renew their efforts to support exports. The krone rose yesterday to [...]

NEW YORK (Dow Jones)–UBS changed its three-month euro forecasts against the Norwegian krone and Swedish krona Thursday. The bank now forecasts the euro trade at NOK7.50 and SEK8.80, barely different from where … NEW YORK (Dow Jones)–UBS changed its three-month euro forecasts against the Norwegian krone and Swedish krona Thursday. The bank now forecasts the [...]

Enlarge image Norway Krone Surge May Trigger Central Bank Response The krone rose yesterday to its highest against the euro since Sept. 8, to 7.5460, and has gained about 4 percent since a November low. The krone rose yesterday to its highest against the euro since Sept. 8, to 7.5460, and has gained about 4 [...]

The Canadian dollar could stay above parity with its U.S. counterpart for a while and strengthen even further in coming months. But it’s resting on a less than sturdy foundation. A scorecard compiled by the currency research folks at Bank America Merrill Lynch gives the loonie mostly low marks, with an average score of 29 [...]

Telenor ASA (TEL), the Nordic region’s largest telephone company, forecast 5 percent revenue growth this year, excluding acquisitions and currency shifts, after writedowns at its Indian venture led to a fourth-quarter loss. The net loss was 1.94 billion kroner ($ 336 million) compared with profit of 2.3 billion kroner a year earlier, Fornebu, Norway-based Telenor [...]

You are here: Home / Business / Norway’s currency stronger than ever The Norwegian krone set another record last year in terms of sheer strength, compared to other foreign currencies. That makes Norway even more expensive than normal for visitors from abroad and poses problems for Norwegian exporters, while Norwegian residents themselves can save thousands [...]

Details Category: Money Transfer UK Published on Wednesday, 01 February 2012 15:00 Written by Sam Coventry A raft of good Manufacturing PMI data has bolstered sentiment towards the outlook for the global economy. Equity markets, commodity markets and so called ‘risk-currencies’ have had a good day of it as a string of global Manufacturing PMI [...]

BY JAVIER E. DAVID NEW YORK—In the current, risk-sensitive environment, the sought after currencies are those from countries with solid growth prospects and relatively low public debt levels. Such is the case for the Norwegian krone and Swedish krona. Yet paradoxically, the countries’ economic advantages could deny their currencies a chance of becoming legitimate safe-harbor [...]

26 Jan 2012 at 6 PM STORY LINK Foreign Exchange Rates : Currency Predictions – GBP, USD, EUR, NOK Foreign Exchange Rates : Currency Predictions – GBP, USD, EUR, NOK POUND STERLING Today’s session saw the Pound perform tamely against the other majors, with the notable exception being the US Dollar. This morning’s CBI Reported [...]

January 25, 2012, 10:09 AM EST By Johan Carlstrom (Updates with currency in sixth paragraph.) Jan. 25 — Sweden’s krona, which had been approaching parity with Norway’s krone for the first time since 2000, is set to miss that milestone as the debt crisis hurts export-reliant Sweden and buoys oil-rich Norway. The Swedish currency is [...]

The Irish Times – Tuesday, January 24, 2012 AUDREY ANDERSEN in Oslo NORWAY HAS three levels of government; national, regional and local level (municipal). The municipalities administer domestic services such as water, sewage treatment, bin collections, recycling services and chimney sweeping/inspection services. In 2011, the average household paid 11,103 Norwegian krone (€1,448) for yearly municipal [...]