Dividends from Statoil and the proceeds from sales of shares in Statoil and SDFI interests are also paid in NOK.
Foreign currency from the SDFI and from Norges Bank's currency purchases is transferred temporarily to a buffer portfolio which forms part of Norges Bank's foreign exchange reserves.
As mentioned above, the foreign currency transferred to the Pension Fund comes partly from the SDFI directly and partly from Norges Bank's foreign exchange purchases.
Chart 10 shows the relationship between the surplus on the current account, transfers of foreign currency from the SDFI, Norges Bank's foreign currency purchases, and the trade-weighted NOK exchange rate index (TWI).
The capital to be transferred to the Pension Fund comes partly in foreign currency from the SDFI and partly in NOK from taxes on oil companies.