Denmark Interest Rate  1992-2016 | Data | Chart | Calendar | Forecast

The central bank of Denmark increased its key certificate of deposit rate by 10 bps to -0.65 percent on January 7th, 2016, the first rate hike in two years. Policymakers said the move follows sales of foreign exchange in the market. The lending rate the discount rate and the current-account rate were left unchanged at 0.05 percent, 0 percent and 0 percent respectively. Interest Rate in Denmark averaged 3.27 percent from 1992 until 2015, reaching an all time high of 15 percent in November of 1992 and a record low of -0.75 percent in February of 2015. Interest Rate in Denmark is reported by the Danmarks Nationalbank.

Denmark Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.65 -0.75 15.00 -0.75 1992 - 2016 percent Daily
In Denmark, interest rates decisions are taken by the Board of Governors of the Central Bank of Denmark (Danmarks Nationalbank). The main interest rate is the certificates of deposit rate. The Danish central bank follows the path set by the ECB and the key rate will be raised or lowered when the ECB changes the refinance rate. The Danish central bank’s main policy aim is to hold the euro’s exchange rate within 2.25% either above or below 7.46038 kroner in an effort to keep inflation low and provide stability for exporters. This page provides the latest reported value for - Denmark Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Interest Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Denmark Money Last Previous Highest Lowest Unit
Interest Rate -0.65 -0.75 15.00 -0.75 percent [+]
Interbank Rate -0.07 -0.07 16.81 -0.24 percent [+]
Money Supply M0 59853.00 60033.00 60033.00 21347.00 DKK Million [+]
Money Supply M1 1037657.00 1048626.00 1070412.00 190038.00 DKK Million [+]
Money Supply M2 1153097.00 1159838.00 1185530.00 307231.00 DKK Million [+]
Money Supply M3 1500144.00 1532546.00 1538210.00 309789.00 DKK Million [+]
Banks Balance Sheet 3724895.00 3892160.00 4776089.00 850978.00 DKK Million [+]
Foreign Exchange Reserves 429700.00 486331.00 738753.00 13675.00 DKK Million [+]
Loans to Private Sector 329.62 336.39 603.30 70.45 DKK Billion [+]
Deposit Interest Rate 2.40 2.40 13.02 2.40 percent [+]
Central Bank Balance Sheet 469.74 479.06 787.75 83.11 DKK Billion [+]




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