Chart of the week: Norway’s crown has slipped

The Norwegian krone has slipped to a record low of more than ten to the euro.

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The Norwegian krone has slipped to a record low of more than ten to the euro. It's not entirely clear why it has done so badly; its 6% loss against the single currency in the past six months is the worst performance of any major currency. Interest rates have actually risen four times and the economy seems robust.

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