Money & Finance

Money and Finance

Interest rates remain low

As expected, the Norwegian Central Bank on Wednesday announced that its key deposit rate would remain at a record low 1.75 per cent. Analysts say the long anticipated rise will now come next month, but that the rise will be lower than expected.

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Norwegian interest rates 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, it indicated that a rice would come later this year, and gradually be brought in line with a more normal level..

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.

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