OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Norges Bank: Policy rate reduced to zero percent
Norges Bank’s Monetary Policy and Financial Stability Committee has unanimously decided to reduce the policy rate to zero percent. Activity in the Norwegian economy has fallen abruptly as a result of the coronavirus pandemic. The…
Norges Bank: Appointment of Nicolai Tangen
Following the Norwegian daily VG’s story on Saturday about incoming chief executive of Norges Bank Investment Management (NBIM) Nicolai Tangen’s seminar Back To University 14-17 November 2019, a number of questions have been raised regarding…
NORGES BANK : Government Pension Fund Global: Negative…
In the first quarter of 2020, the Government Pension Fund Global returned -14.6 percent, equivalent to -1,171 billion kroner. The return on the fund’s equity investments was -21.1 percent, and the return on the fixed…
NORGES BANK: The Government Pension Fund Global: Extended…
Today, Norges Bank Investment Management has published extended information on return and risk in the Government Pension Fund Global. The publication supplements the fund’s annual report with figures and analyses for various investment strategies. "2019…
Norges Bank reduces the policy rate by 0.75…
At an extraordinary meeting on 19 March, Norges Bank’s Monetary Policy and Financial Stability Committee unanimously decided to reduce the policy rate by 0.75 percentage point to 0.25 percent. Since Norges Bank cut the policy…
NORGES BANK: Extraordinary F-loans to banks
Owing to the market situation over the past few days, Norges Bank will offer additional extraordinary NOK F-loans as from 19 March 2020. Norges Bank will offer extraordinary F-loans with a maturity of one week,…
The Government Pension Fund Global: Historic results
In 2019, the Government Pension Fund Global returned 19.9 percent, equivalent to 1,692 billion kroner. This is the highest return measured in kroner in a single year in the fund’s history. It is also the…
Economic perspectives by Norges Bank
From oil and gas to financial capital “We are now moving into the final phase of a period where domestic raw materials and energy sources have provided an essential basis for economic expansion. Hereafter, growth…