Norway's PM warns currency instability is a threat to economy

Oslo

AS the currency of one of the world's richest nations becomes increasingly difficult to trade, the government is starting to worry about the economic fallout.

Prime Minister Erna Solberg says the rapid weakening of Norway's kroner will only provide short-term relief to western Europe's biggest oil producer. In the longer term, the loss of liquidity and increased volatility pose a threat to businesses struggling to plan investments.