2024年7月19日 · Norges Bank's exchange rates are middle rates, i.e. the mid-point between buying and selling rates in the interbank market at a given time. The exchange rates are only …

The nominal exchange rate is the one that at any given time leads to foreign exchange market equilibrium. But the exchange rate is also important for equilibrium in the real economy, and in …

The peg was abandoned in December 1992 when international currency turbulence compelled Norway and several other countries to discontinue the fixed exchange rate system against the …

The exchange rate can also prove to be a source of shocks and for some countries, it may be appropriate to forego some degree of monetary policy independence to achieve a more stable …

Higher interest rates in reunited Germany contributed to this situation. Thus, the rigorous fixed exchange rate policy led to a high interest rate in an economic downturn, but inflation came …

With a fixed exchange rate regime, the central bank is actively involved in the purchase and sale of currency in order to maintain the official exchange rate. With a floating exchange rate, as is …

NORGES BANK FOREIGN EXCHANGE RESERVES 3 | 23 2. Foreign exchange reserves The market value of the foreign exchange reserves was NOK 702.5bn at the end of 2023 Q3. The …

Meanwhile, the exchange rate movements only affect the enterprises' margins. Second, many enterprises and importers hedge against movements in the exchange rate in the short to …

Foreign exchange reserves The market value of the foreign exchange reserves was NOK 781.9bn at the end of 2024 Q3, an increase by NOK 35.3bn in Q3. The return in international currency …

Large trading volumes enhance market liquidity. The growth in currency trading is ascribable to an increase in portfolio investment, higher foreign direct investment and growth in world trade. …