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As of Wednesday, the official discount rate and the current account rate have been set at 4.50 percent while the lending rate and rate of interest on certificates of deposit has been raised from 4.60 percent to 5.00 percent.
Nationalbanken said that its currency intervention since September had reached such a level that it deems it necessary to raise the lending rate, in order to re-establish a positive interest differential in relation to the European Central Bank.
