Norwegian interest rates to remain unchanged

The Norwegian Central Bank has decided to keep the key deposit rate unchanged, at the present record low of 1.75 per cent.

However, in his announcement on Wednesday the bank director Svei Gjedrem indicated that a rice would come soon. The Norwegian Central Bank has decided to keep the key deposit rate unchanged, at the present record low of 1.75 per cent.

However, in his announcement on Wednesday bank director Svein Gjedrem indicated that a rice would come soon. The next Central Bank board meeting is scheduled for May 25th, but most analysts agree that June 30th is the most likely date for announcing a 0.25 per cent increase of the interest rates.

(NRK)
Rolleiv Solholm

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