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🏦🇳🇴 Norges Bank to Buy 2 Billion Kroner of Foreign Currency Per Day

Writer's picture: Rosbel DuránRosbel Durán

**Norges Bank is set to sell NOK next month for the first time since 2013


These flows are effectively a way of recycling the large oil-driven current-account surplus and should mean that the NOK’s positive relationship with oil prices would weaken somewhat from here. - HSBC FX Research


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