Norges Bank skal selge kroner for 176 millioner daglig i oktober
Sentralbanken fortsetter som måneden før.
Norges Bank plans to sell 176 million Norwegian kroner daily in October, according to a statement from the central bank. This amount will be offset by the purchase of foreign currency. The same figure applies as in September when the bank turned to buying. For the past few months, the central bank has bought kroner altogether. There is no noticeable fluctuation in the krone exchange rate following the announcement.
A portion of the currency transactions is 300 million in selling kroner daily on behalf of the state. The transactions involve exchange because Norway has oil revenues in both kroner and other currencies. A part of these is used each year to cover a planned surplus in the state budget in kroner. The rest is kept in foreign currency in the Oil Fund.
Additionally, the Bank of Norway has decided that around 30 billion kroner will be transferred to the state in dividends and interest in 2026, based on the 2025 results. This will be spread evenly throughout the year. In October, these kroner purchases account for 124 million daily, the same as the previous month.
The currency transactions are not the same as currency intervention, which means the central bank sells or buys kroner with the aim of influencing the krone exchange rate.
Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
