> Norges Bank Interest Rate Decision March 2026: Held at 4.00%
> Source: https://interestratedecision.com/norges/march-2026/ · Content last changed: 2026-03-26
> InterestRateDecision.com: free to quote with a link to the page above.

Held at 4.00%, as expected (Norges Bank, Mar 26, 2026). EUR/NOK: hour-before range 267 pips, first spike 127 pips below, +9.6 pips after one hour.

# Norges Bank Interest Rate Decision, March 2026

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

Decision**4.00%**■ hold

Against expected**As expected**expected 4.00%

Previous**4.00%**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](https://interestratedecision.com/about/#method).

1.  **The hour before**EUR/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](https://interestratedecision.com/norges/#dates) · [Norges Bank overview](https://interestratedecision.com/norges/).

[← Previous decision**Norges Bank, January 2026**Held at 4.00%](https://interestratedecision.com/norges/january-2026/) [Next decision →**Norges Bank, May 2026**Thu, May 7, 10:00 AM GMT+2](https://interestratedecision.com/norges/may-2026/)

**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 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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