Friday, June 29, 2007

Norges Bank to Buy Currency for 670 Million Kroner a Day Starting in July

(Bloomberg) -- Norway's central bank said it will -
increase purchases of foreign currency for the country's global
pension fund next month.

The Oslo-based central bank will buy 670 million kroner ($113
million) of foreign currency a day in July, up from 400 million a
day in June, it said in a statement on its Web site today.


Read more at Bloomberg Currencies News

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