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Norwegian Krone Strengthens After Interest Rate Hike by Norges Bank

Summary by icenews.is
An interest rate hike by Norges Bank has strengthened the Norwegian Krone against the U.S. Dollar and the Euro. Reports indicated that the U.S. Dollar...

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The Riksbank is leaving the key interest rate unchanged at 1.75 percent this year. But two increases are expected in 2027, according to economists at major bank Nordea. Even if the Strait of Hormuz remains closed into the fall, the increases could come as early as then, warns chief economist Annika Winsth.

·Stockholm, Sweden
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DNB and Sparebank 1 Sør-Norge are increasing their deposit and lending rates after Norges Bank increased its key interest rate by 0.25 percentage points last week.

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A number of banks are following DNB and announcing interest rate hikes after Norges Bank last week increased the key interest rate by 0.25 percentage points.

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DNB is increasing both its deposit and lending rates after Norges Bank increased its key interest rate by 0.25 percentage points last week.

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steinkjer24.nosteinkjer24.no
+3 Reposted by 3 other sources

A number of banks are following DNB and announcing interest rate hikes after Norges Bank last week increased the key interest rate by 0.25 percentage points.

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kt-kuriren.se broke the news on Monday, May 11, 2026.
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