purchases foreign currency from the State's Direct Financial Interest (SDFI) each month.
In cooperation with the banks, Norges Bank
launched a project to develop a more robust and efficient clearing and settlement system.
Market funding has also become more expensive and less accessible for Norwegian banks, Norges Bank
'There are prospects of relatively high growth in output and employment in the years ahead,' Norges bank
The Norges Bank
press release said, "Growth in the economy may be somewhat higher than projected.
lowers the overnight deposit and lending rates by 0.5 percentage points, to 5.5 and 7.5 per cent, respectively.
Average Norges Bank
fixing rate for this period was 8.9798.
Also, as regards the financial instruments, Norges Bank
has indicated that they have no fixed expiration date or exercise/conversion point.
8 September 2014 -- US financial services organisation TIAA-CREF said it has acquired a real estate asset as part of its joint venture with partner Norges Bank
NBIM, part of Norwaya[euro](tm)s central bank Norges Bank
, is the fourth largest shareholder of the takeover target with a 4% stake.
(2) Norges Bank
responded by supplying more liquidity to banks than usual.
14 December 2011 - If Norway's central bank Norges Bank
does not cut the key interest rate at its monetary policy meeting today, the Norwegian crown will strengthen, economist with Nordea, Erik Bruce told business daily Finansavisen.