The krone plunges against the euro after Norway's central bank unleashes a surprise by cutting its benchmark rate 25 bps to 1.50%. "The continuing downturn abroad and the strong krone are contributing to keeping inflation low and weighing on growth in Norway," says Norges Bank Governor Olsen. NORW +16.6% YTD.
The krone plunges against the euro after Norway's central bank unleashes a surprise by cutting...
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