UPDATE 1-Norway central bank increases purchase of crowns to support state spending
Norway’s central bank will
increase its daily purchase of Norwegian crowns to 1.6 billion
crowns ($152 million) per day from 500 million crowns earlier,
selling foreign currency to secure funds for government
spending, it said on Wednesday.
increase its daily purchase of Norwegian crowns to 1.6 billion
crowns ($152 million) per day from 500 million crowns earlier,
selling foreign currency to secure funds for government
spending, it said on Wednesday.
Posted by Reuters
