Danmarks Nationalbank’s interest rates unchanged
Denmark’s Nationalbank has issued a press release informing the investors on the interest rates following the announcement from the ECB on this issue.
As a result, the lending rate, the interest rate on certificates of deposit, the current account rate and the discount rate are unchanged.
The European Central Bank, ECB, has decided to reduce its monetary policy rates by 0.10 percentage point and 0.35 percentage points. Danmarks Nationalbank keeps the interest rates un-changed due to sale of foreign exchange in the market since the beginning of April, the development in the market interest rates, and the Danish krone rate. Hence, the differences between the monetary policy interest rates in Danmarks Nationalbank and ECB widens. This will normally be reflected in the money market rates, which determines the Danish krone rate.
Source: danmarksbank
