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The Central Bank of Norway (Norges Bank)

Norges Bank is the central bank of Norway and has the exclusive right to issue banknotes and coins. The bank is responsible for the execution of monetary and exchange rate policy. It is also responisble for analysing trends in the Norwegian economy, paying particular attention to financial markets, and giving the Government advise on matters relating to economic policy.

The Bank provides loans for - and receives deposits from - Norwegian commercial and savings banks and plays an important role in the payment system by, for instance, executing settlements between banks.

Norges Bank is responsible for the execution of monetary and exchange rate policy. The guidelines for the monetary policy were established by Royal Decree of 2 March 2018. Monetary policy shall maintain monetary stability by keeping inflation low and stable.

The Bank analyses trends in the Norwegian economy, paying particular attention to financial markets, and advises the Government on matters relating to economic policy. It also compiles bank statistics and statistics relating to the balance of payments.

The Head Office is located in Oslo. Norges Bank Investment Management also has branches in New York, London, Shanghai and Singapore.

Annual Report 2018

Web page: https://www.norges-bank.no/en/

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