• Analysis & Tools
    • S&R Levels
    • Cryptocurrencies
    • Shares
    • Indices
    • Forex
    • Commodities
    • Charts
    • Eco Cal
    • Cryptocurrency Industry News
    • Learn to Trade
  • Brokers
  • Market News
    • Cryptocurrencies
    • Shares
    • Forex
    • Indices
    • Commodities
  • S&R Levels
  • Education
    • Free Beginner Articles
    • Trading Summit
    • Trading Q&A
    • Learn to Trade
  • Charts
  • Calendar
  • About
    • About Us
    • InvestingCube Authors
    • Advertise
    • Privacy Policy
  • Brokers
  • Industry News
    • Retail Forex News
    • Forex Institutional News
    • Cryptocurrency Industry News
Latest
  • Latest
  • Oldest
  • Random
  • A to Z

Norges Bank

On this page, you will read about everything you need to know about the Norges Bank including its latest monetary policy decisions and market-moving speeches.
The Norges Bank is the central bank of Norway and is responsible for financial stability and price stability in Norway.

Norges Bank Mission

Norges Bank’s mission is to promote financial stability and price stability and a robust and efficient payment mechanism. Norges Bank is also responsible for the management of Norway’s foreign exchange reserves and the management of the Government Pension Fund Global (GPFG) the world’s largest sovereign wealth fund. The investment target of the Government Pension Fund Global is designed to obtain the highest return within the framework of the investment mandate.

Norges Bank monetary policy

Norges Bank sets the policy rate with the aim of stabilizing the inflation rate around the target. The horizon will depend on the developments to which Norway’s economy is exposed and the outlook for inflation and the real economy. In its conduct of monetary policy, the Norges Bank takes into account indicators of underlying consumer price inflation.

Central Banks We cover for you: RBA –RBNZ –SNB – SARB –CBRT –Norges Bank –Riksbank – BOE –FOMC –BOJ– ECB.

Norges Bank’s monetary policy must maintain financial stability by keeping inflation stable and low. The operational target of Norges Bank’s monetary policy shall be annual consumer price inflation of close to 2%. Inflation targeting should be flexible so it can contribute to high output and employment and to countering the build-up of financial imbalances.

Who Heads Norges Bank?

The most important bodies of Norges Bank are the Executive Board, the Monetary Policy and Financial Stability Committee and the Supervisory Council. The Norges Bank Governor is responsible for the day-to-day management of the Bank. The general manager of Norges Bank Investment Management (NBIM) is appointed by the Norges Bank Executive Board. The Chairman of the Executive Board, Øystein Olsen, who presides over the bank, is also the acting Central Bank Governor.

Latest News

Forex
·Nov 18, 2021, 16:23 GMT

USD/NOK Outlook: Norwegian Crown Set to Weaken Further As Norges Bank Stops Asset Purchases

The Norwegian Krone is under pressure this Thursday after the Norges Bank said it would stop its daily purchases of...
Read More
Forex
·May 26, 2021, 18:24 BST

EUR/NOK Outlook: Nordea Bank Sets a Year-End Price Target of 9.75

Even though the EUR/NOK has rallied in the last few weeks as a result of falling oil prices, Nordea Bank...
Read More
norges bank NOK
Forex
·Mar 18, 2021, 13:59 GMT

USD/NOK Rises As Norges Bank Leaves Rates Unchanged at 0.00%

The Norges Bank left its key interest rate unchanged at 0.00%, choosing to provide forward guidance of a possible rate...
Read More
Forex
·Mar 15, 2021, 14:45 GMT

EUR/NOK: Sub-10.00 Price Possible if Norges Bank Hikes Rates

The Norges Bank is scheduled to meet this Thursday in a widely anticipated meeting to decide on the ínterest rates...
Read More
Forex
·Mar 09, 2021, 15:36 GMT

EUR/NOK Trade Opportunity: Divergent Fundamentals Hold the Key

As the Norwegian Krone waits for possible action from the Norges Bank, it is receiving a strong push from rising...
Read More
USDNOK
Forex
·Jan 21, 2021, 16:10 GMT

USDNOK Plunges As Norges Bank Plans Earlier-than-Scheduled Rate Hike Cycle

The Norwegian Krone continued to gain momentum against the US Dollar for the 3rd trading day in a row, as...
Read More
USDNOK
Forex
·Aug 19, 2020, 16:25 BST

Norges Bank Rate Decision Preview: USDNOK In Focus

The USDNOK pair will be in focus as the central bank of Norway, the Norges Bank, gets set to make...
Read More
USDNOK
Forex
·Mar 20, 2020, 17:10 GMT

USDNOK: Norwegian Krone Gets Reprieve After Rate Cut By Norges Bank

The USDNOK retreated slightly from its record highs following the decision of the Norwegian central bank to cut interest rates,...
Read More
InvestingCube S&R Levels
Market Trade Idea Status Analysis
BTCUSD Pending View
ETHUSD Pending View
EURUSD Pending View
NAS100 Pending View
USOIL Pending View
XAUUSD Pending View
Top Online Brokers
Recommended Brokers March 2023
Visit site

68% of retail investor accounts lose money when trading CFD’s with this provider.

Visit site

Your capital is at risk.

Visit site
  • News
  • S&R Levels
  • Education
  • Charts
  • Calendar
  • About
  • Privacy Policy

Financial market and cryptocurrency trading and investing carry a high degree of risk, and losses can exceed deposits. Ensure you fully understand the risks involved. Any opinions, news, research, analysis, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. Read the “Risk Disclosure Statement” for further details.

  • Analysis & Tools
    • S&R Levels
    • Cryptocurrencies
    • Shares
    • Indices
    • Forex
    • Commodities
    • Charts
    • Eco Cal
    • Cryptocurrency Industry News
    • Learn to Trade
  • Brokers
Start typing to see results or hit ESC to close
Crude oil price EURUSD FTSE 100 Featured Gold Price
See all results