Danmarks Nationalbank has decided to raise the deposit rate by 0.15 percentage points to -0.6%, Helge J. Pedersen, an economist at Nordea reports. EUR/DKK is trading at 7.473. Key quotes “In the wake of the severe turmoil in the financial markets and pressure on the Danish krone, Danmarks Nationalbank has decided to raise the deposit rate by 0.15 percentage points to -0.6%.” “It should strengthen DKK. It should be remembered that Danmarks Nationalbank’s only mandate is to secure the fixed exchange rate against the euro.” “Danmarks Nationalbank has chosen to extend the temporary lending facility in order to increase the access of cash and mortgage banks to liquidity during a difficult time and at the same time contribute to support a well-functioning bond market.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Norway: 75bps rate cut – Nordea FX Street 2 years Danmarks Nationalbank has decided to raise the deposit rate by 0.15 percentage points to -0.6%, Helge J. Pedersen, an economist at Nordea reports. EUR/DKK is trading at 7.473. Key quotes “In the wake of the severe turmoil in the financial markets and pressure on the Danish krone, Danmarks Nationalbank has decided to raise the deposit rate by 0.15 percentage points to -0.6%.” “It should strengthen DKK. It should be remembered that Danmarks Nationalbank's only mandate is to secure the fixed exchange rate against the euro.” “Danmarks Nationalbank has chosen to extend the temporary lending facility in order to increase the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
