News may be a news article or an appetiser offering quick insight into one of Danmarks Nationalbank’s more extensive publications. The series is targeted at people who need an easy overview and like a clear angle.

Payment balance

Losses on dollar assets contributed to pressure on the Danish krone

A new publication by Danmarks Nationalbank compares the pressure on the krone during the corona crisis with three earlier periods of krone pressure over the past 12 years. The pressure on the krone in March this year was unusual because it was not impacted by for example speculation about the Danish fixed exchange rate policy. Rather, it was caused by Danish institutional investors selling kroner in response to a decline in the value of their foreign assets.