Danmarks Nationalbank

Danmarks Nationalbank

​In December, the foreign-exchange reserve increased by kr. 48.3 billion to kr. 529.8 billion. For settlement in December, Danmarks Nationalbank's net purchase of foreign exchange due to intervention in the foreign exchange market amounted to kr. 47.0 billion.

Danmarks Nationalbank

Danmarks Nationalbank

​In November 2021, the foreign-exchange reserve decreased by kr. 10.4 billion to kr. 481.5 billion.

Danmarks Nationalbank

​An increasing share of mortgage credit institutions' new loans are granted to highly indebted homeowners, especially in Greater Copenhagen and Aarhus, according to a new analysis from Danmarks Nationalbank. Danmarks Nationalbank believes that a requirement for a larger down payment and an amortisation requirement for highly indebted homeowners will contribute to a more resilient housing market.

Danmarks Nationalbank

​Danmarks Nationalbank starts publishing DESTR, Denmark Short-Term Rate, on 4 April 2022. The first publication will reflect trading activity on 1 April 2022. Thus, DESTR will be available for use in financial contracts with effect from 1 April 2022.

Danmarks Nationalbank

​In October 2021, the foreign-exchange reserve decreased by kr. 9.8 billion to kr. 491.9 billion. For settlement in October, Danmarks Nationalbank's net purchase of foreign exchange due to intervention in the foreign-exhcange market amounted to kr. 1.5 billion.

Danmarks Nationalbank

​In September 2021, the foreign-exchange reserve increased by kr. 18.4 billion to kr. 501.7 billion. The increase reflects Danmarks Nationalbank's net purchase of foreign exchange for kr. 23.5 billion, and the central government's net repayment of foreign debt for kr. 5.1 billion, cf. table 1.

Danmarks Nationalbank

​Effective from 1 October 2021, Danmarks Nationalbank's current account rate, interest rate on certificates of deposit and lending rate is reduced by 0.10 percentage point.

Danmarks Nationalbank

​The Danish economy is heading back towards a moderate boom after strong growth in the wake of the reopening of the economy in the spring. In a new projection for the Danish economy, Danmarks Nationalbank estimates that the gross domestic product (GDP) will increase by 3.8 per cent this year. In 2022 and 2023, GDP is expected to increase by 3.1 per cent and 2.4 per cent, respectively.

Danmarks Nationalbank

​In August 2021, the foreign-exchange reserve increased by kr. 24.8 billion to kr. 483.4 billion.

Danmarks Nationalbank

​A new general allocation of Special Drawing Rights, SDRs, from the International Monetary Fund, IMF, becomes effective on 23 August. The SDR allocation is equivalent to 650 billion dollars. Denmark will receive SDR 3.3 billion, equivalent to approximately kr. 30 billion. Denmark's SDR holdings are included in Danmarks Nationalbank's foreign-exchange reserve, which therefore increases by approximately kr. 30 billion with the allocation.*)

Danmarks Nationalbank

​In July 2021, the foreign-exchange reserve increased by kr. 0.2 billion to 458,6 billion. In July, Danmarks Nationalbank's net purchase of foreign exchange due to intervention in the foreign-exchange market amounted to kr. 5.2 billion.

Danmarks Nationalbank

Danmarks Nationalbank

​In June 2021, the foreign-exchange reserve increased by kr. 2.5 billion to 458.4 billion. In June, Danmarks Nationalbank's net purchase of foreign exchange due to intervention in the foreign-exchange market amounted to kr. 2.6 billion.

Danmarks Nationalbank

Danmarks Nationalbank

​Danmarks Nationalbank has appointed Peter E. Storgaard the new head of the Financial Stability department.

Danmarks Nationalbank

​The reopening of the Danish economy is in full swing. Overall activity has all more or less recovered to pre-pandemic levels, and the Danish economy is supported by a strong expansion in private demand. This is the conclusion drawn by Danmarks Nationalbank in a projection for the Danish economy, in which the gross domestic product (GDP) is forecast to increase by 3.3 per cent. In 2022 and 2023, GDP is expected to grow by 3.7 per cent and 2.2 per cent.

Danmarks Nationalbank

Danmarks Nationalbank

​In May 2021, the foreign-exchange reserve increased by kr. 17.2 billion to kr. 455.9 billion.

Danmarks Nationalbank

​There are signs of increased risks in the institutions' housing lending. Danish homeowners' gross debt relative to their income is among the highest in the world, and lending to homeowners is still increasing. The credit institutions have also granted more home buyers deferred amortisation. In 2020, loans with deferred amortisation constituted just under half of all new lending to highly indebted homeowners.

Danmarks Nationalbank

​​Danmarks Nationalbank and the individual participants in the TIBER-DK programme have decided to continue testing with ethical hackers in future. The decision is based on the good experiences with the tests, the purpose of which has been to strengthen cyber resilience and thus promote financial stability.

Danmarks Nationalbank

​In April 2021, the foreign-exchange reserve decreased by kr. 7.9 billion to kr. 438.7 billion.

Danmarks Nationalbank

Danmarks Nationalbank

​Assistant Governor Karsten Biltoft will be leaving Danmarks Nationalbank to take up the position of CEO of the resolution authority Finansiel Stabilitet on 1 December 2021.

Danmarks Nationalbank

In March 2021, the foreign-exchange reserve increased by kr. 17.1 billion to kr. 446.5 billion. The increase reflects Danmarks Nationalbank's net purchase of foreign exchange for kr. 17.1 billion. In March, Danmarks Nationalbank's net purchase of foreign exchange due to intervention in the foreign-exchange market amounted to kr. 17.0 billion.

Danmarks Nationalbank

​A gradual reopening of society has commenced, but large parts of the Danish economy remain hampered by restrictions. There is a sound basis for a rapid economic recovery. The vaccination of the population, large savings, the disbursement of holiday allowance and accumulated demand provide fertile ground for a sharp increase in activity when the economy is less restricted by restrictions. Danmarks Nationalbank is projecting gross domestic product (GDP) to increase 1.4 per cent this year, 4.5 per cent in 2022 and 2.2 per cent in 2023.

Danmarks Nationalbank

​Danmarks Nationalbank carries out a technical adjustment of the monetary policy instruments. The purpose is to reduce fluctuations in the Danish money market rates resulting from changes in the size and composition of the banks' deposits and lending at Danmarks Nationalbank.

Danmarks Nationalbank

​In February 2021, the foreign-exchange reserve increased by kr. 1.8 billion to kr. 429.4 billion.

Danmarks Nationalbank

​In January 2021, the foreign-exchange reserve decreased by kr. 11.4 billion to kr. 427.6 billion.

Danmarks Nationalbank

​Danmarks Nationalbank has appointed Lars Mayland Nielsen as Head of Banking and Markets with effect from 1 February 2021.

Danmarks Nationalbank

​In a pilot project, Danmarks Nationalbank has examined the potential of more effective monitoring of cash flows across banks in the fight against money laundering and VAT fraud. The project has shown that a correlation of data could have potential gains extending beyond what the individual bank or authority will be able to achieve on its own.

Danmarks Nationalbank

​The eight countries of the Nordic-Baltic Constituency of the International Monetary Fund (IMF) have taken the initiative to engage the IMF to conduct a regional analysis of money laundering (ML) and terrorist financing (TF) threats and vulnerabilities.