Strong Norwegian kroner
Norway’s currency, Kroner, continued appreciating versus the USD and EUR Tuesday.
The Norwegian Krone climbed Tuesday to 5,67 against the USD and 8,36 against EUR. That is the highest level in more than a year. One of the reasons for the strong Krone is that the Norwegian Central Bank is expected to start raising interest rates within months. One Norwegian Krone was Tuesday worth 5.2 Ruble. Here at BarentsObserver’s front page, you can continue to follow the daily exchange rates of the four different Barents currencies, Russian Rubles, Norwegian Kroner (NOK), Swedish Kroner (SEK) and EUR. See the bottom of the front page for the converter.
