Reuters News First

Reuters ahead with key Norway central bank news

Reuters was ahead of the competition by two seconds on the decision by Norges Bank to hike its key policy rate to 1.25% from 1.0% previously. Reuters was also two seconds ahead with the bank’s key outlook statement that rates would most likely be increased further this year.

Market reaction:

The Norwegian crown currency rose 1% against the euro and 1.6% against the dollar on the news.