(Bloomberg) -- Norway's krone may extend gains versus
the euro on speculation quickening inflation will force the
central bank to quicken the pace of interest-rate increases,
according to strategists at Royal Bank of Scotland Plc.
The krone, which reached a two-week high today, will benefit
as the economy heads for a fourth year of ``booming growth'' and
rising oil prices stoke demand for Norway's assets, strategists
Mikael Nilsson and Paul Robson wrote in a note to clients.
Read more at Bloomberg Currencies News
the euro on speculation quickening inflation will force the
central bank to quicken the pace of interest-rate increases,
according to strategists at Royal Bank of Scotland Plc.
The krone, which reached a two-week high today, will benefit
as the economy heads for a fourth year of ``booming growth'' and
rising oil prices stoke demand for Norway's assets, strategists
Mikael Nilsson and Paul Robson wrote in a note to clients.
Read more at Bloomberg Currencies News
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