Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Danmarks Nationalbank intervention to cap EUR/DKK upside in April

Danmarks Nationalbank (DN) sold DKK33.9bn of FX in intervention to support DKK in April. 

The move highlights that the downward pressure on EUR/DKK has reversed and that DN is now reacting to cap EUR/DKK upside. 

Government deposits declined as projected in April, Danske Bank sticks to the view that bond sales will be resumed in Q4 this year. 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.