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Norway rates seen on hold this week as autumn cut beckons: Reuters Poll

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Third teenager charged with second-degree murder | SaltWire #newsupdate #news #halifax #policeOSLO - Norway's central bank will keep its key policy interest rate unchanged this week, according to all 30 economists in a Reuters poll, but it remains on track to cut the cost of borrowing later in the year.

On an import-weighted index basis, the crown on Tuesday traded at its weakest level since mid-December, some 3% below Norges Bank's full-year projection. "Since the March meeting a weak NOK, higher rates abroad, and slightly higher domestic capacity utilisation more than offset the lower inflation figures," DNB Markets said in a note to clients.

 

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