Denmark raises lending rate to 5.5 per cent
Denmark's central bank increased the lending rate by 0.50 percentage points to 5.5 per cent Friday in a move to "support the Danish krone," the bank said.
The rise in the lending rate and the rate of interest for certificates and deposits was effective Friday.
The central bank said the discount rate and the current account rate were to remain unchanged at 4.5 per cent.
Denmark is a member of the European Union, but not a member of the eurozone.
- Login or register to post comments
Print
Email to friend
You May Also Like..
Must reads
The accidental discharging of a Taser gun by an officer in Bendigo earlier this month, has Victoria Police defending the training provided to...
Andrew Miller, 43, who repeatedly threatened to kill and seriously injured a woman in a hotel room in Ballarat last June, has been sentenced to at...
Australian and New Zealand victims of thalidomide, the birth defect drug have negotiated a remarkable compensation payout with the help of an 86...
The NSW government is under fire for failing to disclose when the state’s unflued school heaters will be replaced or how much it will cost to...
A former teacher, who taught at a Melbourne school for the deaf will not go to jail for making student expose themselves in class, as he has...
The United States has been called upon to lift travel restrictions on sex workers and drug users by rights groups that featured significantly at...
According to the Manchester Evening News, the British Heart Foundation (BHF) aiming to raise awareness about heart disease among the Islamic...
Many GPs are deeply concerned about the impact the changes will have on their relationship with patients, and fearing it could have the reverse...
Featured Articles
-
Vitamin D known for playing a key role in bone...
-
The Therapeutic Goods Administration (TGA)...
-
According to a new study, sitting for long...
-
Feeding creates a bond between parent and...
-
The wide-eyed Japanese anime characters and a...
