News: Norwegian crown dips after central bank hikes as expected

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    LONDON, Sept 22 (Reuters) - The Norwegian crown fell slightly against the euro on Thursday after the central bank hiked interest rates by an expected 50 basis points, and said there may be a more gradual approach to tightening ahead.

    The crown was last at 10.234 EURNOK=D3 , leaving the euro up half a percent on the day. Before the rate announcement, the crown traded around 10.21. The dollar was also higher versus the crown and last up 0.2% at 10.38 crowns NOK=D3 .

 
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