Monetary and financial trends - Low interest rates supports the upswing
Analysis - March 2019 - No. 5
The krone exchange rate is very close to the central rate. Danmarks Nationalbank bought kroner in December 2018 and January 2019 after a gradual weakening of the krone during 2018. Monetary policy and the broader financial conditions are accommodative and support the current economic expansion. Borrowing rates for the real economy have been falling for a number of years, but credit growth remains moderate, and overall corporations and households have strengthened their financial balances through the economic expansion.