by May-Iren Wassås, Norges Bank Markets and ICT.
Norges Bank publishes weekly statistics on the purchase and sale of the Norwegian krone (NOK) against foreign currencies in the spot, forward- and swap market. The statistics are based on transaction data submitted by the largest banks in the NOK market. Even though underlying transactions only represent a share of the increasing global turnover in the NOK market, the statistics nevertheless provide valuable insight into NOK transaction flows. Through this blog we make comparisons with global turnover data and highlight the analytical insights from the statistics.Continue reading