Market News
Norway central bank keeps rates on hold, as expected - REUTERS
OSLO, Nov 6 (Reuters) - Norway's central bank kept its policy interest rate on hold at 4.0% on Thursday, as unanimously predicted by analysts in a Reuters poll, and reiterated that further easing was likely in the year ahead.
"The job of tackling inflation has not been fully completed, and we are not in a hurry to reduce the policy rate," Norges Bank Governor Ida Wolden Bache said in a statement.
The Norwegian crown currency strengthened to 11.71 against the euro by 0907 GMT, from 11.72 just before the announcement.
