The Norges Bank decided to keep its policy rate unchanged at 4.5% at its meeting on Thursday. The committee also indicated that it will likely be the rate until the end of the year. However, “time to ease monetary policy is approaching,

Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as widely expected, and said any cuts must wait until the first quarter of next year, boosting the crown currency.

Norway’s central bank held its policy interest rate unchanged at a 16-year high of 4.50 per cent on Thursday, as widely expected, and said any cuts must wait until the first quarter of next year,

Norway's central bank has kept its policy interest rate unchanged at a 16-year high of 4.5%, as widely expected, and said any cuts must wait until the first quarter of next year.