OSLO Oct 29 Norway's central bank will increase
its daily sales of Norwegian crowns in November to buy foreign
exchange for the country's oil fund, the bank said on Friday.
Daily transactions will be 800 million Norwegian crowns
($136.4 million), up from 600 million crowns in October.
The central bank manages Norway's $500 billion Government
Pension Fund -- Global which invests surplus oil wealth to save
for a future when the oil and gas run out.
The bank sells Norwegian currency to invest the fund's money
in foreign stocks and bonds. It is one of the world's biggest
sovereign wealth funds and Europe's largest equity investor.
Norway is the world's fifth biggest oil exporter and Western
Europe's leading gas exporter.
(Reporting by Oslo newsroom)