Reuters was ahead with news of Norway’s central bank cutting its key policy rate by 75 basis points to a record low of 0.25% – the second move in a week in a bid to head off the economic impact of the coronavirus. The surprise move sent the Norwegian crown up more than 1% against the euro.
Reuters ahead with Norway cutting rates to record low; market reacts
20 March 2020, 12:00 am 1 minute
Type: Reuters Best
Sectors: FX & Fixed Income
Regions: Europe / Middle East / Africa