Hawkish Norges Bank And Reduced NOK Sales To Driver Stronger Krone
Banking & Financial Services / Norway / Wed 08 May, 2024
2023 | Spot | 2024 | 2025 | |
---|---|---|---|---|
NOK per USD, eop | 10.22 | 10.83 | 10.32 | 9.24 |
NOK per EUR, eop | 11.32 | 11.71 | 11.35 | 10.35 |
Policy Rate, eop | 4.50% | 4.50% | 4.00% | 3.50% |
- We forecast the krone to unwind recent losses in the near-term and appreciate to an end-2024 rate of NOK11.32 per EUR, from its