Norges Bank slashes rates

On the 03.20.20 at 4:19PM


Tuba Raqshan

The Norwegian central bank is the latest to cut its interest rate by 0.75 percentage point to 0.25 percent.
Norges Bank/

The decision was taken after an extraordinary meeting on 19 March with the bank’s Monetary Policy and Financial Stability Committee unanimously deciding to reduce the rate to 0.25%.

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