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The Danish central bank has cut its main interests rate by 0.10 percentage points and the discount rate by 0.25 percentage points with effect from January 15, according to a Nationalbank statement.
“The interest-rate reduction is a consequence of purchases of foreign exchange in the market during a longer period. The money-market rates in euro are still very low and the spread to the equivalent Danish rates has tended to strengthen the Danish krone,” the bank says in its statement.
