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Norway maintains banking system reserves target at NOK 35 billion
September 1, 2017 / 8:22 AM / 20 days ago

Norway maintains banking system reserves target at NOK 35 billion

OSLO, Sept 1 (Reuters) - Norway’s central bank aims to maintain reserves in the banking system at an average 35 billion Norwegian crowns ($4.49 billion), with a symmetrical interval of plus or minus 5 billion crowns around this level, it said on Friday.

Link to full Norges Bank statement: bit.ly/2go9ymQ

$1 = 7.7869 Norwegian crowns Reporting by Terje Solsvik, editing by Camilla Knudsen

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