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fxJun 18, 2026, 11:10 AM

Norges Bank Hawkish Hold Bolsters Norwegian Krone, BBH Says

Brown Brothers Harriman notes Norges Bank kept its policy rate at 4.25% but reinforced guidance for a future hike, supporting the Norwegian Krone.

NOKUSD

Brown Brothers Harriman (BBH) highlighted that Norges Bank delivered a hawkish hold by maintaining its policy rate at 4.25% while reiterating guidance for another hike in the upcoming meetings. This stance has provided support for the Norwegian Krone (NOK).

The central bank's forward guidance suggests further tightening is on the table, reflecting continued concern over inflationary pressures. BBH views this as a positive factor for the currency in the near term.

Source: FXStreet Forex News