6min chapter

Bloomberg Daybreak: Europe Edition cover image

Rate Uncertainty Highest Since 2007, Amazon Ends WFH & Norway's Currency Slide

Bloomberg Daybreak: Europe Edition

CHAPTER

Norway's Currency Crisis

This chapter explores the challenges facing Norway's krone as it becomes the worst-performing currency in the G10, focusing on the economic impact in Stavanger, the oil capital. It examines how the currency's depreciation affects local businesses, inflation, and the overall economic outlook, with a particular emphasis on rising criticisms towards the central bank.

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