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Iceland Has Become Much More Expensive than Norway
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1 Articles
The exchange rate of the Icelandic krona has rarely or never been stronger. Iceland has become much more expensive than Norway and there is a risk that export sectors will lose out in competition on international markets. The exchange rate of the Icelandic krona is at historic highs after a strong strengthening in recent months. There is reason to fear that the situation of export sectors will not turn around soon. This is clearly seen if the no…
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