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Stoltenberg Wants to Scrap the 1000-Nok Note

Summary by NRK
The Ministry of Finance believes that the banknote is being misused and plays an important role in the criminal economy.
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Finance Minister Jens Stoltenberg wants to remove the 1,000 note, but there are several arguments that it should be kept.

Finance Minister Jens Stoltenberg (Labour Party) wants to remove the thousand-rupee note to restrict criminals' ability to use cash.

Finance Minister Jens Stoltenberg (Ap) wants to remove the thousand-rupee note to restrict criminals' ability to use cash.

Finance Minister Jens Stoltenberg (Labour Party) wants to remove the thousand-rupee note to restrict criminals' ability to use cash.

Wants to remove the thousand-rupee note to strangle criminals' ability to use cash.

The Ministry of Finance is strengthening its efforts against financial crime, and has today asked Norges Bank to review the denomination composition of Norwegian banknotes. Later in January, the Ministry will submit for consultation a proposal to lower the limits for cash payments to NOK 10,000.

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VG broke the news in Oslo, Norway on Thursday, January 15, 2026.
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