> Norges Bank Interest Rate Decision August 2026: Held at 4.25%
> Source: https://interestratedecision.com/norges/august-2026/ · Content last changed: 2026-08-13
> InterestRateDecision.com: free to quote with a link to the page above.

Held at 4.25%, as expected (Norges Bank, Aug 13, 2026). EUR/NOK: hour-before range 247 pips, first spike 141 pips below, +498 pips after one hour.

# Norges Bank Interest Rate Decision, August 2026

Norges Bank held the policy rate at 4.25% on August 13, 2026, as expected.

Decision**4.25%**■ hold

Against expected**As expected**expected 4.25%

Previous**4.25%**policy rate

EUR/NOK one hour later **+498 pips** from the last price before

Figures as of Nov 3, 2026, 10:15 AM UTC.

The result

## What Norges Bank decided in August 2026

The move **Hold** Held at 4.25%.

Against expected **No surprise** Economists expected: hold at 4.25%. The decision was as expected.

Timing **10:00 AM GMT+2** Thursday, August 13, 2026.

What price did

## EUR/NOK after Norges Bank decision, minute by minute

One-minute candles, Oslo time. The box is the hour before the announcement. [How we measure](https://interestratedecision.com/about/#method).

1.  **The hour before**EUR/NOK ranged 247 pips, from 10.92852 to 10.95323, and was at 10.93063 at the announcement.
2.  **The first spike** After 0 minutes price went through the hour's low and ran 141 pips past it.
3.  **The close back** A five-minute candle closed back inside the range after 5 minutes.
4.  **The other side** Price then traded through the opposite edge of the range within four hours.
5.  **The moves** From the last price before the announcement: +230 pips at 15 minutes, +498 pips at one hour, +469 pips at four hours.

For context

Across 14 measured Norges Bank decisions since January 2025, the first spike closed back inside the hour-before range within 60 minutes in 8 (57%), and in 3 of those price then took the other side within four hours. In the other 6 the first move held. Median move in the first 15 minutes: 280 pips.

This decision is one of the closed-back cases. Counts include the decisions where it did not close back. [All Norges Bank dates](https://interestratedecision.com/norges/#dates) · [Norges Bank overview](https://interestratedecision.com/norges/).

[← Previous decision**Norges Bank, June 2026**Held at 4.25%](https://interestratedecision.com/norges/june-2026/) [Next decision →**Norges Bank, September 2026**Thu, Sep 24, 10:00 AM GMT+2](https://interestratedecision.com/norges/september-2026/)

**The same week:** [RBA, Tue, Aug 11](https://interestratedecision.com/rba/august-2026/) · [this week's decisions](https://interestratedecision.com/this-week/)

**Norges Bank:** [Will Norges Bank raise or cut rates?](https://interestratedecision.com/norges/will-norges-bank-raise-rates/) · [Norges Bank rate odds](https://interestratedecision.com/norges/rate-odds/) · [Norges Bank meeting dates 2026](https://interestratedecision.com/norges/meeting-dates-2026/) · [Norges Bank rate history since 2008](https://interestratedecision.com/norges/rate-history/) · [all central bank rates](https://interestratedecision.com/central-bank-rates/)

Questions

## Norges Bank August 2026 decision: questions

What time was Norges Bank interest rate decision on Aug 13, 2026?

It was announced at 10:00 AM GMT+2 (4:00 AM EDT New York, 9:00 AM London London).

What did Norges Bank decide in August 2026?

Held at 4.25% (previous 4.25%). Economists expected: hold at 4.25%, so the decision was as expected.

How did EUR/NOK react to Norges Bank decision in August 2026?

On one-minute candles: the hour before ranged 247 pips; the first spike went below it by 141 pips; a five-minute candle closed back inside after 5 minutes; after one hour EUR/NOK was +498 pips from its pre-announcement price.

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