Tag: Krone

• Wednesday, February 12th 2020 - 09:25 UTC

  The Danish central bank experience with record negative interest rate could be coming to an end

  

  Denmark and Switzerland have long shared the world record in negative interest rates, at minus 0.75%. But that may be about to change. Economists at some of the biggest Nordic banks say Denmark, which pegs the krone to the euro, is likely to raise its key rate in the coming months.

• Wednesday, January 21st 2015 - 06:33 UTC

  Denmark, following on Switzerland, forecasted to remove Krone's peg to the Euro

  

  Denmark has cut its key interest rate to prevent the Krone from strengthening in the wake of Switzerland's decision to scrap the franc's peg to the Euro. There has been speculation that Denmark could follow the Swiss move by removing the Krone's link to the Euro.