Norwegian Krone Declines To New 4-week Low Against U.S. Dollar
February 24 2016 - 4:33AM
RTTF2
The Norwegian Krone fell sharply against the U.S. dollar on
Wednesday, as oil prices tumbled after Saudi Oil Minister Ali
al-Naimi ruled out a cut in the kingdom's oil production.
The Norwegian Krone slid to a new 4-week low of 8.7599 against
the greenback, compared to yesterday's closing value of 8.6046. The
next possible downside target for the Norwegian currency is seen
around the 8.79 area.
US Dollar vs NOK (FX:USDNOK)
Forex Chart
From Apr 2024 to May 2024
US Dollar vs NOK (FX:USDNOK)
Forex Chart
From May 2023 to May 2024
