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European Central Bank’s Stimulus Move Ripples Across Region
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Denmark's central bank cuts its main interest rate twice in Jan. 2016 as the ECB announces its $1 trillion euro bond purchasing program for 2015-2016. The action is intended to reduce the impact of the ECB program as its currency, the krona, strengthens against the euro. The action is to maintain export competitiveness.
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European Central Bank’s Stimulus Move Ripples Across Region
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Denmark's central bank intervenes in foreign exchange markets and lowers interest rates to protect the Kroner exchange rate peg set for a band of 2.25% around 0.746 kroner.
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European Central Bank’s Stimulus Move Ripples Across Region
Wall Street Journal 01/24/2015
Denmark Increases Krone Sales to Protect Peg
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