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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (16648)3/19/2003 12:26:15 AM
From: Spekulatius  Respond to of 78661
 
The value of the Norwegian cronor is more or less irrelevant for NHY, indeed if anything an expensive cronor is negative. NHY sells oil which trades in US$ while at least part of its cost is in cronor, so NHY should do well when the US$ and the price of oil is high and the cronor is low.
I havn't looked at Norwegian bonds - why do you think they are a good value?