Commerzbank predicts that there is a possibility for the Norwegian Krone to experience a moderate increase in value against the Euro. The exchange rate currently stands at 11.61958 EURNOK.
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Norges Bank is no longer falling behind the ECB in its determination. That is why economists at Commerzbank are comfortable with the forecast of a moderate appreciation of the Krone later this year and next year.
Source: Commerzbank Research
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