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Article: Norges Bank not to purchase forex for pension fund.

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Global Banking News (GBN)
Article date:
August 31, 2009
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Global Banking News-31 August 2009-Norges Bank not to purchase forex for pension fund(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 31 August 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

The Norwegian Central Bank has said that it will not purchase any foreign exchange currencies in September for the government's global pension fund.

The fund's foreign-exchange requirements are partly met by the state's direct financial interest in petroleum activities, or ...

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