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Interest Rate

Interest Rates in Norway are set by the Norges Bank, which are the key policy rates and are also known as the sight deposit rate.

 Interest Rates in Norway

The Norges Bank kept its monetary policy unchanged with interest rates at 0.5% record lows during June’s meeting. Inflation is expected to remain at low levels and may be pushed even lower over the coming month. Interest Rate in Norway peaked at an all-time high point of 11% in September of 1992and hit rock-bottom at0.50% in March of 2016.