Please find below a chart for the lending rate, Denmark’s Central Bank (Danmarks Nationalbank) main interest rate. The chart begins in 1992.
Denmark’s Central Bank conducts its monetary policy by raising or lowering the lending rate (reference for refinancing operation with Danish banks).
As the Danish currency (DNK) is pegged to the euro, Denmark’s Central Bank has for mandate to maintain the peg (+/- 2.25% around 7.46038 DNK for 1 EUR). Consequently, the monetary policy is not independent and the lending rate follows closely the refi rate of the ECB. The Danmarks Nationalbank has no target for inflation.
Denmark’s Central Bank conducts its monetary policy by raising or lowering the lending rate (reference for refinancing operation with Danish banks).
As the Danish currency (DNK) is pegged to the euro, Denmark’s Central Bank has for mandate to maintain the peg (+/- 2.25% around 7.46038 DNK for 1 EUR). Consequently, the monetary policy is not independent and the lending rate follows closely the refi rate of the ECB. The Danmarks Nationalbank has no target for inflation.
Danmarks Nationalbank repo rate | Interest rate of Denmark’s Central Bank
You need to upgrade your Flash Player
World GDP
