In this situation, it is becoming evident that the economy has bottomed out in the April-May period. On the other hand, it has been reconfirmed that there is less of a likelihood that the economy will improve steadily and smoothly, as seen in a pause in the pick-up in services consumption around summer, when the number of confirmed new cases of COVID-19 increased.
Subsequently the rate of interest on certificates of deposit has been raised to the current level of minus 0.1 per cent. In recent years, pressure on the krone has entailed preventing it from strengthening. That is, undeniably, more pleasant than having to support a weakening currency.