Interest Rate Decision Riksbank in 22h 13m
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Norges Bank Interest Rate Decision, March 2026

Norges Bank held the policy rate at 4.00% on March 26, 2026, as expected.

Decision4.00%■ hold
Against expectedAs expectedexpected 4.00%
Previous4.00%policy rate
EUR/NOK one hour later +9.6 pips from the last price before

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

The result

What Norges Bank decided in March 2026

The move Hold Held at 4.00%.
Against expected No surprise Economists expected: hold at 4.00%. The decision was as expected.
Timing 10:00 AM GMT+1 Thursday, March 26, 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.

EUR/NOK one-minute chart around Norges Bank decision of Mar 26, 2026 The hour before the 10:00 announcement ranged 267 pips. The first spike went below it by 127 pips, and a five-minute candle closed back inside after 5 minutes. 11.14 11.16 11.18 11.20 09:00 09:30 10:00 10:30 11:00 11:30 THE HOUR BEFORE Norges Bank 10:00 Spike 11.16059 · 127 pips past the hour's low Closed back inside · 5 min
  1. The hour beforeEUR/NOK ranged 267 pips, from 11.17327 to 11.20000, and was at 11.17556 at the announcement.
  2. The first spike After 0 minutes price went through the hour's low and ran 127 pips past it.
  3. The close back A five-minute candle closed back inside the range after 5 minutes.
  4. The other side Price did not trade through the opposite edge within four hours.
  5. The moves From the last price before the announcement: +46 pips at 15 minutes, +9.6 pips at one hour, −579 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 · Norges Bank overview.

← Previous decisionNorges Bank, January 2026Held at 4.00% Next decision →Norges Bank, May 2026Thu, May 7, 10:00 AM GMT+2
Questions

Norges Bank March 2026 decision: questions

What time was Norges Bank interest rate decision on Mar 26, 2026?

It was announced at 10:00 AM GMT+1 (5:00 AM EDT New York, 9:00 AM London London).

What did Norges Bank decide in March 2026?

Held at 4.00% (previous 4.00%). Economists expected: hold at 4.00%, so the decision was as expected.

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

On one-minute candles: the hour before ranged 267 pips; the first spike went below it by 127 pips; a five-minute candle closed back inside after 5 minutes; after one hour EUR/NOK was +9.6 pips from its pre-announcement price.

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