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Tuesday, 28 May 2013

Money and Finance

Central Bank: Key policy rate unchanged

Business - Money and Finance

The Executive Board of the Norwegian Central Bank (Norges Bank) has decided today to keep the key policy rate unchanged at 2.25 per cent, despite earlier indications of an increase.

Thursday, 11 August 2011 06:55

Key policy rate unchanged

Business - Money and Finance

At its meeting Wednesday, the executive board of the Norwegian Central Bank (Norges Bank- photo) decided to keep the key policy rate unchanged at 2.25 per cent.

Thursday, 23 June 2011 06:39

Low trade surplus for May

Business - Money and Finance

Norway's trade balance surplus was NOK 24.2 billion in May, just below half of the high surplus in April. Closed oil fields caused a low number of exported barrels of oil.

Thursday, 16 June 2011 06:33

Oslo Stock Exchange Saw Rising Oil Prices Tuesday

Business - Money and Finance

Oslo Stock Exchange was on the rise Tuesday morning due to an increase in oil prices, but was set back a few points in the afternoon due to weak U.S. macro figures.

Wednesday, 01 June 2011 06:36

Chinese bank looks to Norway

Business - Money and Finance

China's largest state-owned bank, the Industrial and Commercial Bank of China (ICBC), has met with Norwegian authorities to discuss the possibility for opening a branch office in Norway, Aftenposten reports.

Monday, 16 May 2011 07:29

Will spend less from oil income

Business - Money and Finance

The Norwegian government will reduce the use of funds from oil income by NOK 15.2 billion, according to the revised national budget for 201, which was presented on Friday.

Saturday, 14 May 2011 06:56

Finance: Key policy rate increased

Business - Money and Finance

As expected, the Norwegian Central Bank (Norges Bank)’s Executive Board at its meeting on Thursday decided to increase the key policy rate by 0.25 percentage point to 2.25 per cent.

Thursday, 12 May 2011 21:01

Economy: Higher growth expected

Business - Money and Finance

A moderate cyclical upturn in the Norwegian economy in the second half of 2010 is expected to be replaced by slightly higher growth, according to predictions from Statistics Norway (SSB).(Photo: Norway's Central Bank)

Saturday, 19 February 2011 08:37

Larger foreign trade surplus

Business - Money and Finance

With higher oil prices, the value of Norwegian exports in January increased by NOK 9.6 billion compared with the same month last year, according to figures from Statistics Norway.

Wednesday, 16 February 2011 07:39

Oslo Stock Exchange lifted by ME unrest

Business - Money and Finance

The unrest in the Middle East and increased economic growth world wide lifts the Oslo Stockexchange to new heights. On Monday the main index ended at 447.5 points.

Tuesday, 15 February 2011 08:02