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Norwegian krone lower as outlook is uncertain
Published by Kirke Sööt in category News on 09.12.2015
Gold price (XAU-NOK)
44007,50 NOK/oz
+ 393,30 NOK
Silver price (XAG-NOK)
646,46 NOK/oz
+ 18,05 NOK
This week the Norwegian krone has depreciated due to increased uncertainty in the economy. Lower oil price and worse than expected economic data this week have all contributed to a lower exchange rate of NOK. Norges Bank will have a meeting next week and there is an increased chance of a rate cut. December will therefore most likely be a month of great uncertainty.
For further reading click here
Gold price (XAU-NOK)
44007,50 NOK/oz
+ 393,30 NOK
Silver price (XAG-NOK)
646,46 NOK/oz
+ 18,05 NOK
