Norway’s krone has taken an early lead in this year’s battle to be the world’s best-performing major currency, as a blistering rally that catapulted its neighbor to the top spot in 2020 begins to fade.
Bolstered by a nascent global economic recovery and the prospect of a hawkish shift by the central bank, the Norwegian currency is set to gain around 2% against the euro through December, according to the median estimate of analysts in a Bloomberg survey.
