BREAKING: Norges Bank with higher, 50 bp rate hike! EURNOK falls

Norwegian Key Policy Rate decision came in 11:00 BST.

Norges Bank unexpectedly increased interest rates to 3,75% level by 50 bp rate hike from previously 3,25% level. Market expected 3,5% level and lower, 25 bp rate hike.

NOK strenghtened after Norwegian central bank decision.

Source: xStation5

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