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Why Norway's weak krone has dropped sharply against other currencies

Summary by The Local - No

The Norwegian krone's dip against other major currencies approached yearly lows on Wednesday. The drop is expected to continue in the short term, with some new factors behind the latest downturn.

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Why Norway's weak krone has dropped sharply against other currencies

The Norwegian krone's dip against other major currencies approached yearly lows on Wednesday. The drop is expected to continue in the short term, with some new factors behind the latest downturn.

2 years ago·Norway

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Norwegian krone falls

2 years ago·Stockholm, Sweden

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The Norwegian krone falls sharply

Large falls in the price of oil since mid-October and stock market turmoil are helping to weaken the Norwegian currency.

2 years ago·Copenhagen, Denmark

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The Norwegian krone falls sharply

Store prisfald på olie siden midten af oktober og børsuro er med til at svække den norske valuta

2 years ago·Denmark

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Coverage Details

Total News Sources4

Leaning Left1Leaning Right2Center0Last Updated2 years agoBias Distribution

67% Right

Bias Distribution

67% of the sources lean Right

67% Right

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berlingske.dk broke the news in Copenhagen, Denmark 2 years ago on Tuesday, November 7, 2023.

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