Norges Bank

The central bank of Norway's aim is price stability and financial stability, and to generate added value through investment management.

Policy rate

4.5%

Next policy rate announcement: 5 November 2026

Shortcuts

Exchange rates
Price calculator
Exchanging withdrawn banknotes
Current notes and coins
Careers

Norges Bank's tasks

Monetary policy

Monetary policy shall maintain monetary stability by keeping inflation low and stable.

Financial stability

Norges Bank shall help ensure that the financial system is robust and efficient.

Payment system

Norges Bank shall promote an efficient and secure payment system.

Investment management

Norges Bank manages the Government Pension Fund Global and the Bank's own foreign exchange reserves.

News and events

Calendar

Explainers

What is inflation?

Explainer

Why should inflation be low and stable?

Explainer

How does the policy rate affect other interest rates?

Explainer

About the Bank

Careers
Bankplassen blog
Research
Climate change and the economy