Norway
Norges Bank withdraws coin from circulation
Norwegian central bank issues reminder that 50-øre coin will no longer be legal tender after May 1; urges public to spend or exchange the coins ahead of that date
IMF paper studies decline in vertical fiscal imbalances
IMF working paper highlights reasons behind the decline in vertical fiscal imbalances in four European countries; says VFIs always come under scrutiny at times of fiscal austerity
Norway research links income inequality and banking crises
Norges Bank working paper discusses role of income inequality in fermenting the financial crises in Norway in 1991-1992 and the US in 2008
Norway's Olsen discusses factors that shape interest rate policy
Norges Bank governor advocates interest rate policy that considers more than just the inflation target; says impact on output also relevant when setting rates
Norway SWF manager surveys companies’ social and environmental risks
Norges Bank Investment Management assesses the social and environmental reporting levels of companies the sovereign wealth fund has invested in or is considering investing in
Norges Bank announces operational changes
Norwegian central bank to create third core function department; new structure to come into effect at beginning of June
Norway lowers benchmark rate again
Norges Bank surprises markets by announcing 0.25 percentage point cut to key policy rate; governor says continuing downturn abroad and strong krone are keeping inflation low and "weighing on growth"
Norway to issue new coin to mark universal suffrage
Norges Bank announces plans to introduce a commemorative 10-krone coin 100 years after suffrage was extended to all women
New Norwegian coin commemorates Royal birthdays
Norges Bank reveals a commemorative silver coin to celebrate the birthdays of King Harald and Queen Sonja; profits from sale will go to charities
Norges Bank governor sees ‘bright spots’ in global picture
Despite tough conditions globally, Øystein Olsen says growth in Asia and limited recovery in the US are welcome positives
Norges Bank announces end date for public to exchange old banknotes
Norwegians have until November 2012 to exchange old series of banknotes before they are rendered worthless, 11 years after new currency series was introduced
ECB paper identifies substantial shift in invoicing patterns following euro adoption
European Central Bank study shows Norway's trading partners participating in the eurozone used their own currency more frequently than before the introduction of the euro
Norges Bank paper on central bank independence in the post-war era
Norges Bank case study shows central banks in the UK and Sweden had a higher degree of operational independence than Norway, despite its legal autonomy from government
Norges Bank regional network reports weakening markets
Latest reports from regional network of enterprises, organisations and local authorities reveal lower output growth and somewhat weaker market prospects in Norway
Oil reserves eclipse Norway SWF assets
Norway budget confirms sovereign wealth fund assets still smaller than oil left in seabed
Norges Bank notes importance of research for fund management
Models of investor heterogeneity, non-tradable, non-financial risk, market frictions and time-varying uncertainty all serve to help modify portfolios appropriately
Norway’s SWF hit by equity slump
Norwegian Government Pension Fund Global reports small gain as fixed-income investments make up for decline in equity portfolio
Costs to bank funding not fully passed on to markets: Norges Bank paper
Norges Bank study finds evidence of incomplete pass-through of banks’ funding costs on deposit rates in Norway
Norway SWF adds $1 billion stake in Paris to portfolio
Norwegian Government Pension Fund Global takes half-share in seven downtown Paris properties; move follows $700 million investment in London’s Regent Street
Central banks are vulnerable to financial risks: Norges Bank paper
Norges Bank study says the current international financial architecture leaves central banks exposed to financial risks
Norges Bank - Payment Systems Annual Report (2010)
Norges Bank 2010 Payment Systems Annual Report says payments should be made more swiftly, securely and at a lower cost
Interest rates can only dampen systemic risk: Norway’s Olsen
Norges Bank governor Øystein Olsen says interest rate rise could have dampening effect on build-up of systemic risks but price stability remains primary objective
Nobel Laureate Yunus dismissed from microlender by central bank
Bangladesh’s central bank removes Nobel Peace prize winner and founder of Grameen Bank Muhammad Yunus from helm of microlender
Zeti: EM central banks aided by development role
Bank Negara Malaysia governor Zeti Akhtar Aziz says central bank’s financial market mandate helped emerging market economies address credit market disruptions during crisis