Norges Bank's foreign exchange purchases

Norges Bank said on Monday 31 January that it will not purchase foreign exchange for the Government Petroleum Fund in February.

The Petroleum Fund's foreign exchange requirements are partly met by the state's direct financial interest in petroleum activities (SDFI) and partly by Norges Bank's purchases in the market.

The Ministry of Finance determines the size of the monthly allocations to the Petroleum Fund. Norges Bank's purchases of foreign exchange are equal to the difference between the al