The Norwegian krone has endured an extraordinary week and will be vulnerable to further falls until market sentiment improves. Nonetheless, if our forecast for oil prices to start to rise later this year proves accurate, this should provide some support. Meanwhile, having hiked interest rates this week to defend its currency peg, Denmark’s Nationalbank may have to hike again in the near future.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services