Central bank raises interest rates

The Danish central bank Nationalbanken has raised interest rates for the second time in a month to prop up the Danish krone.
The Danish central bank Nationalbanken has raised interest rates for the second time in a month to prop up the Danish krone.

The Danish central bank Nationalbanken has raised its lending rate by half a percentage point to 5.50 percent, according to a bank statement.

“We are raising rates to support the krone,” says Nationalbanken Spokesperson Karsten Biltoft.

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