The krone’s strength is “probably largely due to the uncertainty we see and, of course, Norway’s solid economy attracting capital,” Johnsen said. “And that underlines how important it is for us, trough our fiscal policy, to do what we can to reduce the pressure on interest rates, and thereby also on the krone.” [Why the Norway ETF is Golden]

Global X FTSE Norway 30 ETF

Tisha Guerrero contributed to this article.