Sterkeste krone mot euro siden starten av 2023
Den norske kronen styrker seg onsdag.
The Norwegian krone has reached its strongest point against the euro since the beginning of 2023, according to data provider Infront. One euro now equals 10.69 kroner, marking a significant increase since January 24, 2023. This surge comes after a rise in oil prices recently. The Norwegian krone weakened early in the summer but has lately strengthened considerably.
On Monday, the krone also reached its strongest point against the Swedish krona since 2023. Handelsbanken strategist Nils Kristian Knudsen attributed this rise to two factors: oil and gas price hikes, and a positive mood among investors in global financial markets. He told E24 that the Norwegian krone has moved closely with oil prices since the Iran war broke out late in February.
The peace between the US and Iran has led to a significant drop in oil prices and krone strengthening at the beginning of the summer. However, fighting has resumed, causing oil prices to surge again. A Norwegian North Sea oil well peaked at $100 earlier on Wednesday.
Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
