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The NOK is back on track versus the THB and USD

Photo: Innovation Norway/Yngve Ask

We have been following the latest development of the Norwegian Krone currency exchange rate versus the Thai Baht and also the Thai Baht versus the US Dollar. The weakening of the Norwegian Krone in March had serious implications for Norwegian export to Thailand and similar implications for Thai companies working with Norwegian client bases, but since then the Norwegian Krone has strengthened. We have put together the enclosed graphs in order to help document the development.