New Calculation of Danmarks Nationalbank's Effective Krone-RateIndex

Authors Pedersen, Erik Haller; Plagborg-Møller, Mikkel
Subject Danish Economy; Inflation, wages and prices
Type Monetary Review  
Year 2010
Published 27 July 2010
Abstract icon From time to time changing trade patterns make it necessary to revise theweights used for calculating the effective krone-rate index and real effectivekrone-rate index published by Danmarks Nationalbank. This article presents the2009 weights. The most important changes are that the weight of the Chineseyuan has been increased, while the weight of the pound sterling has beenreduced.