Troy McClure
Registered User
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I am thinking of opening one of investecs Norwegian krone accounts to put some money outside the Euro into what would be an oil backed currency. Some analysts have said the krone will get stronger going forward. This is not my motive however.
However I have noticed over the last couple of weeks. that as much as the Euro has gotten weaker against the dollar and sterling, with all the goings on, it has gotten a bit stronger against the Krone.
Is there a logical reason for this?
However I have noticed over the last couple of weeks. that as much as the Euro has gotten weaker against the dollar and sterling, with all the goings on, it has gotten a bit stronger against the Krone.
Is there a logical reason for this?