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Prices were quoted twice weekly for bills on london, hamburg, amsterdam, paris and, occasionally,. This chart illustrates that developments in the real exchange rate are dominated by the nominal exchange rate and that both depreciate under inflation targeting. An overview of exchange rate regimes in norway since 1816 is provided in a table which is divided into five sections;

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Corresponding to the parts of the norwegian monetary. On april 15, 1819, exchange rate quotations began on the christiania stock exchange. The domestic currency appreciates in response to higher expectations of the real interest rate differential between the domestic and foreign economies, adjusted for risk.

[19] it also raises inflation for domestically produced goods and services through the effect of the exchange rate on the.

Norges bank's exchange rates are middle rates, i.e. A weaker currency directly pushes up imported inflation. The krone exchange rate and altered expectations] let me conclude. Market expectations for the interest rate differential against other countries will then increase to about the same extent as expectations for norwegian interest rates.

Valutakursene er ment som en indikasjon.

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