NOK Development vs MYR and THB

Photo: Innovation Norway/Yngve Ask

We have been following the latest development of the Norwegian Krone currency exchange rate versus the Malaysian Ringgit and the Thai Baht and also these currencies versus the US Dollar. The weakening of the Norwegian Krone has serious implications for Norwegian export to the region and similar implications for Malaysian and Thai companies working with Norwegian client bases. We have put together the enclosed graphs in order to help document the development and will keep them updated on a weekly basis until further.