Money & Finance

Money and Finance

Key rate unchanged at 1.5 percent

The Executive Board of Norway's Central Bank (Norges Bank) has decided to keep the key policy rate unchanged at 1.5 percent. (Photo: Central Bank Governor Øystein Olsen)

Moderate economic growth to continue

Statistics Norway (SSB) analysts predict that the moderate growth in economic activity in Norway and abroad experienced last year will continue for another few years.

A good year for the National Oil Fund

The Government Pension Fund Global, also called the Norwegian National Oil Fund, returned 15.9 percent in 2013, due principally to strong stock markets, the annual report shows.

Economy: Reduced trade surplus

Exports of goods came to NOK 77.7 billion, while imports reached NOK 46.3 billion in March 2014. Thereby the trade surplus dropped 19.2 per cent compared to March 2013.

0°C

Norway

Mostly Clear

Humidity: 70%

Wind: 28.97 km/h

  • 23 Nov 2017 2°C -4°C
  • 24 Nov 2017 5°C -5°C
Banner 468 x 60 px