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Norway's Strengthened Krone Causes Sovereign Wealth Fund to Shrink

Summary by The Local - No
Norway's sovereign wealth fund, the largest in the world, reported on Tuesday a 5.7 percent return on investments in the first half of 2025, but currency swings caused its overall value to shrink.

3 Articles

Norges Bank Investment Management reported an unfavourable foreign exchange effect of NOK 1,010 billion for the first half of 2025.

The Norwegian sovereign wealth fund is currently valued at €1.6 trillion. The world's largest shareholder invests exclusively abroad – and sold its Israeli shares.

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The Local - No broke the news in Norway on Tuesday, August 12, 2025.
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