https://feeds.thelocal.com/ Read the latest news and views from Denmark in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Denmark's central bank (Nationalbanken) on Wednesday said a big chunk of its profits last year came from battling speculators who bet it would abandon the krone's peg to the euro. https://www.thelocal.dk/20160317/danish-central-bank-says-speculators-boosted-profit Thu, 17 Mar 2016 09:26:21 +0100 danish-central-bank-says-speculators-boosted-profit Denmark's central bank on Thursday said it had increased its repo rate a notch to defend its currency peg to the euro which has been rising against the krone. https://www.thelocal.dk/20160108/denmark-raises-repo-rate-to-defend-euro-peg Fri, 08 Jan 2016 08:51:45 +0100 denmark-raises-repo-rate-to-defend-euro-peg Denmark’s central bank, Nationalbanken, has surprisingly upgraded its expectations for economic growth and revealed that the majority of the pressure on the Danish krone came from domestic investors. https://www.thelocal.dk/20150319/national-bank-upgrades-denmarks-growth-forecast Thu, 19 Mar 2015 09:34:43 +0100 national-bank-upgrades-denmarks-growth-forecast With the dollar trading at more than seven kroner for the first time in a dozen years, two experts tell The Local how we got here and what it means for Danish businesses and consumers. https://www.thelocal.dk/20150311/danish-krone-hits-12-year-low-against-the-dollar Wed, 11 Mar 2015 17:12:31 +0100 danish-krone-hits-12-year-low-against-the-dollar Denmark’s central bank, Nationalbanken, appears to have beaten back international speculators – for now, at least – in its efforts to defend the Danish krone's peg to the euro. https://www.thelocal.dk/20150226/danish-central-bank-has-speculators-on-retreat Thu, 26 Feb 2015 09:57:00 +0100 danish-central-bank-has-speculators-on-retreat As a knock-on effect of the Danish central bank’s repeated interest cuts defending the krone’s link to the euro, Danish homeowners are now being offered historically low mortgage loans. https://www.thelocal.dk/20150206/interest-rate-cuts-lead-to-new-danish-super-loans Fri, 06 Feb 2015 15:29:00 +0100 interest-rate-cuts-lead-to-new-danish-super-loans Denmark's central bank cut its deposit interest rate further Thursday and said there was "no upper limit" to its foreign currency interventions aimed at defending the krone's link to the euro. https://www.thelocal.dk/20150205/denmark-cuts-deposit-rate-further-below-zero Thu, 05 Feb 2015 18:25:00 +0100 denmark-cuts-deposit-rate-further-below-zero Helle Thorning-Schmidt said on Tuesday that Denmark's central bank will maintain the Danish krone's position as the only European currency tied to the sliding euro. https://www.thelocal.dk/20150203/denmark-euro-kroner-currency-peg Tue, 03 Feb 2015 21:19:00 +0100 denmark-euro-kroner-currency-peg Denmark's central bank cut its deposit interest rate Thursday for the second time in a week to maintain its currency peg against the euro. https://www.thelocal.dk/20150129/danish-central-bank-slashes-deposit-rate-again Thu, 29 Jan 2015 19:14:00 +0100 danish-central-bank-slashes-deposit-rate-again The announcement that the European Central Bank (ECB) will buy €60 billion of European debt every month from March 2015 until September 2016 has led the Danish central bank to once again drop its deposit interest rate. https://www.thelocal.dk/20150122/danish-central-bank-lowers-deposit-interest-rate Thu, 22 Jan 2015 19:12:00 +0100 danish-central-bank-lowers-deposit-interest-rate Currency speculators are closely eyeing Denmark's deposit rate cuts as a sign that it might drop its peg against the euro but the economy minister cautions that "situation should not be overly dramatized". https://www.thelocal.dk/20150121/denmark-tries-to-quell-euro-abandonment-rumours Wed, 21 Jan 2015 11:02:00 +0100 denmark-tries-to-quell-euro-abandonment-rumours Denmark's central bank cut its deposit rate further into negative territory Monday as market players speculated the country could follow Switzerland's example and remove its currency peg against the euro. https://www.thelocal.dk/20150119/danish-central-bank-cuts-deposit-rate-as-euro-weakens Mon, 19 Jan 2015 22:53:00 +0100 danish-central-bank-cuts-deposit-rate-as-euro-weakens Denmark’s central bank could be forced to cut its deposit rate to record lows later this year after Switzerland’s central bank scrapped the franc's cap against the euro, according to Danish analysts. https://www.thelocal.dk/20150116/denmarks-interest-rates-risk-record-lows-after-swiss-shock Fri, 16 Jan 2015 13:28:00 +0100 denmarks-interest-rates-risk-record-lows-after-swiss-shock With more and more people paying with credit cards and their smartphones, Denmark’s central bank Nationalbanken says it no longer pays to print banknotes or mint coins. https://www.thelocal.dk/20141021/denmarks-central-bank-to-stop-producing-money Tue, 21 Oct 2014 11:31:40 +0200 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