Norway lowers interest rates

Thursday, 15 March 2012
Norges Bank lowered its key rates by 25 basis points on Wednesday, reports the news agency TDN Finans yesterday.
According to Bloomberg News survey 14 of 16 economists surveyed by Norges Bank would want to leave its key interest rate unchanged at 1.75 percent, while the remaining two expected a cut of 25 basis points.

Interest rates were approved last December 14, 2011, when they were lowered by 50 basis points.
By Scancomark.se Team

Key Norwagian Facts

Official Name	Kingdom of Denmark
King	Harald V
Prime minister	Jens Stoltenberg
Population	4.7 Million
Capital City	Oslo
Monetary Unit	Norwagian Kroner (NOK)
	1 NOK = 100 ore
Domain Name	.no
Int. Dialling Code	+47
Official Language	Norwagian
Religion	Christianity
Main stock market Name	Oslo Börs
Internet Speed	4.2 Mbps (2009)

Vital Links
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