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BREAKING: Norges Bank hikes rate in line with expectations and announces further move in September!

8:00 AM 17 August 2023

Norway, central bank decision on interest rates:

  • Actual: 4.00% Expectations: 4.00%; Previously 3.75% - an increase of +25 basis points

Central bank sees rate raised further in September.

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The USDNOK pair does not overreact to today's decision of the Bank, however, we observe a slight downward move.

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