Norwegian Krone Strengthens To 2-day High Against U.S. Dollar
17 Mars 2011 - 11:29AM
RTTF2
The Norwegian Krone advanced to a 2-day high of 5.6250 against
its U.S. counterpart in the early European session on Thursday. The
pair is presently trading at 5.6320, compared to yesterday's
closing value of 5.6690. If the Norwegian Krone rises further, it
may target the 5.5 level.
Yesterday, Norway's central bank decided to retain the key
policy rate at 2 percent for a seventh straight rate-setting
session.
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