Thursday, August 17, 2006

Norway raises base rate to 3%

Norges Bank increases the interest rate by 0.25 percentage point to 3.00 per cent

Norges Bank’s Executive Board decided today to raise the sight deposit rate by 0.25 percentage point to 3.00 per cent with effect from 17 August 2006. The interest rate on banks’ overnight loans is also being raised by 0.25 percentage point.

Posted by webmaster @ 10:45 AM (644 views)
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One thought on “Norway raises base rate to 3%

  • Its just tracking the Euro

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