OPEC-Induced Rally Turns Norwegian Krone Into a Sell for Danske
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The Norwegian krone strengthened to a 13-month high as OPEC agreed to the outline of a deal that will cut production for the first time in eight years.
The currency strengthened to as much as 9 kroner a euro, the strongest level since August 6, 2015, and traded at 9.04 against the euro as of 1:38 p.m. in Oslo.