March 19, 2020 / 6:23 AM / 21 days ago

Norway's crown tumbles past 13.00 vs euro, hit by virus, oil

OSLO, March 19 (Reuters) - Norway’s currency crumbled a further 5.5% against the euro on Thursday, hurt by a lockdown of businesses to contain the coronavirus outbreak and a plunge in the price of crude oil, the backbone of the country’s export trade.

The crown weakened to 13.0167 crowns at 0612 GMT, a precipitous 32% drop from 9.8379 at the end of 2019, according to Refinitiv data. (Reporting by Terje Solsvik Editing by Shri Navaratnam)

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