OSLO, April 30 (Reuters) - Norway's central bank will sell 300 million Norwegian crowns ($51.52 million) a day in May to buy foreign currency for the country's oil fund, the same as in April, it said on Tuesday.
Norges Bank manages Norway's $720 billion Government Pension Fund Global, which invests surplus oil wealth to save for a future when the country's oil and gas resources run dry.
The bank's global pension fund is the world's largest sovereign wealth funds and Europe's largest equity investor. ($1 = 5.8225 Norwegian krones)
Keywords: NORWAY FOREX/
Copyright Thomson Reuters 2013. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.