InformedTrades http://ift.tt/1LlGk1i
http://ift.tt/1LlGmpI
"Denmark’s central bank cut its benchmark rate for the third time in 10 days in an effort to defend the nation’s currency peg.The Copenhagen-based bank cut its deposit rate to minus 0.5 percent, the lowest on record, from minus 0.35 percent, it said in a statement today. It left its lending rate unchanged at 0.05 percent.“It is difficult to put a label on where the flows are coming from,” Karsten Biltoft, head of communications at the bank, said by phone. “It is both domestic and foreign.”"
"Denmark’s central bank cut its benchmark rate for the third time in 10 days in an effort to defend the nation’s currency peg.The Copenhagen-based bank cut its deposit rate to minus 0.5 percent, the lowest on record, from minus 0.35 percent, it said in a statement today. It left its lending rate unchanged at 0.05 percent.“It is difficult to put a label on where the flows are coming from,” Karsten Biltoft, head of communications at the bank, said by phone. “It is both domestic and foreign.”"
No comments:
Post a Comment