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Fixed krone exchange rate

After a number of years of frequent krone devaluations, the new Conservative/ Liberal government introduced a fixed-exchange-rate policy within the EMS. Since 1982 exchange-rate adjustment has not been used actively in Denmark's economic policy, and the central rate vis-à-vis the D-mark and later the euro has remained unchanged since January 1987.

Last update: 05/09/2011

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