The Norwegian krone strengthened against the euro in the early European session on Thursday, after Norway's central bank kept its key policy rate unchanged.

The Executive Board of the Norges Bank decided to retain the interest rate at 0.50 percent.

Against the euro, the krone rose to a 9-day high of 9.2337 from an early low of 9.3324. At yesterday's close, the krone was trading at 9.3277 against the euro.

If the krone extends its uptrend, it is likely to find resistance around the 9.14 area.

Euro vs NOK (FX:EURNOK)
Forex Chart
From Apr 2024 to May 2024 Click Here for more Euro vs NOK Charts.
Euro vs NOK (FX:EURNOK)
Forex Chart
From May 2023 to May 2024 Click Here for more Euro vs NOK Charts.