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NOK depreciates after rate cut

Published by Kirke Sööt in category News on 29.09.2015
Gold price (XAU-NOK)
24592,20 NOK/oz
  
- 170,10 NOK
Silver price (XAG-NOK)
314,53 NOK/oz
  
+ 1,51 NOK

Last week Norges Bank cut interest rates to a record low 0,75% due to concerns about the Norwegian economy and global growth.  Since the rate cut NOK has depreciated around 3% against major currencies.  At the same time gold spot price in NOK has risen around 2,5% to 9.700kr.

For more information click on the link www.dn.no

Gold price (XAU-NOK)
24592,20 NOK/oz
  
- 170,10 NOK
Silver price (XAG-NOK)
314,53 NOK/oz
  
+ 1,51 NOK

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