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View Full Version : Norway Invites Krone Speculation Amid Interest Rate Shock - Bloomberg



NewsWhore
03-14-2012, 07:20 PM
Norway Invites Krone Speculation Amid Interest Rate Shock (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNESZmSJYjzt4dJoNmrUVXvX7KR7oQ&url=http://www.bloomberg.com/news/2012-03-14/norway-invites-krone-speculation-amid-interest-rate-shock.html)
Bloomberg
The Norwegian central bank's decision to fight krone gains with interest rate cuts may invite speculators to test policy makers' resolve to weaken the currency. “I am a bit shocked,” Olav Chen, a senior portfolio manager who oversees about $7 billion ...

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