Monetary and financial trends - Stable krone and limited intervention

Report – September 2017 – No. 6

Authors Danmarks Nationalbank
Subject Danish Economy; Monetary policy; Foreign-exchange market; Monetary- and foreign-exchange policy; Monetary conditions
Type Report
Year 2017
Published 13 September 2017
In the last six months, the Danish krone has been stable slightly on the strong side of the central rate vis-à-vis the euro. In the beginning of this period, Danmarks Nationalbank intervened modestly in the foreign exchange market. Danmarks Nationalbank has kept its monetary policy rates unchanged. Growth in total lending to households and the corporate sector has been moderate. The level of debt is still relatively high.