Denmark Interest Rate

The benchmark interest rate in Denmark was last recorded at 0.20 percent. Interest Rate in Denmark is reported by the Danmarks Nationalbank. Interest Rate in Denmark averaged 3.60 Percent from 1992 until 2014, reaching an all time high of 15 Percent in November of 1992 and a record low of 0.20 Percent in July of 2012. 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 lending rate. The Danish central bank follows the path set by the ECB and the lending rate will be raised or lowered when the ECB changes the refinance rate. This page provides - Denmark Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.20 0.20 15.00 0.20 0.25 | 2014/06 1992 - 2014 Percent Monthly

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Denmark Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 0.20 2014-03-31 0.20 15.00 0.20 0.25 2014-06-30 Percent [+]
Foreign Exchange Reserves 459204.00 2014-03-31 476359.00 515318.00 13675.00 442882.74 2014-06-30 DKK Million [+]
Interbank Rate 0.29 2014-04-30 0.30 16.81 0.25 0.25 2014-06-30 Percent [+]
Loans to Private Sector 352.31 2014-02-28 353.80 603.31 70.46 348.15 2014-06-30 DKK Billion [+]
Money Supply M0 54178.00 2014-02-28 54199.00 55841.00 21347.00 55322.00 2014-06-30 DKK Million [+]
Money Supply M1 897438.00 2014-02-28 890306.00 898140.00 190038.00 899045.41 2014-06-30 DKK Million [+]
Money Supply M2 1057246.00 2014-02-28 1047158.00 1094862.00 307231.00 1054803.62 2014-06-30 DKK Million [+]
Money Supply M3 1220168.00 2014-02-28 1206071.00 1329916.00 309789.00 1225107.13 2014-06-30 DKK Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Denmark Capital Flows at 51.00 DKK Million  
Capital Flows in Denmark decreased to 51 DKK Million in February of 2014 from 53 DKK Million in January of 2014. Capital Flows in Denmark is reported by the Statistics Denmark.
Denmark Capacity Utilization at 80.50 Percent  
Capacity Utilization in Denmark increased to 80.50 percent in the first quarter of 2014 from 79.50 percent in the fourth quarter of 2013. Capacity Utilization in Denmark is reported by the European Commission.
Denmark Car Registrations at 16770.00 Cars  
Car Registrations in Denmark increased to 16770 Cars in March of 2014 from 14732 Cars in February of 2014. Car Registrations in Denmark is reported by the Statistics Denmark.
Denmark Consumer Confidence at 5.50  
Consumer Confidence in Denmark increased to 5.50 in April of 2014 from 5 in March of 2014. Consumer Confidence in Denmark is reported by the Statistics Denmark.
Denmark Changes in Inventories at -565.00 DKK Million  
Changes in Inventories in Denmark decreased to -565 DKK Million in the fourth quarter of 2013 from 186 DKK Million in the third quarter of 2013. Changes in Inventories in Denmark is reported by the Statistics Denmark.
Denmark Construction Output at 0.90 Percent  
Construction output in Denmark increased 0.90 percent in January of 2014 over the same month in the previous year. Construction Output in Denmark is reported by the Eurostat.
Denmark Consumer Price Index (CPI) at 130.70 Index Points  
Consumer Price Index (CPI) in Denmark increased to 130.70 Index Points in March of 2014 from 130.60 Index Points in February of 2014. Consumer Price Index (CPI) in Denmark is reported by the Statistics Denmark.
Denmark Consumer Spending at 189886.00 DKK Million  
Consumer Spending in Denmark decreased to 189886 DKK Million in the fourth quarter of 2013 from 192320 DKK Million in the third quarter of 2013. Consumer Spending in Denmark is reported by the Statistics Denmark.
Denmark Core Consumer Prices at 128.70 Index Points  
Core Consumer Prices in Denmark increased to 128.70 Index Points in March of 2014 from 128.50 Index Points in February of 2014. Core Consumer Prices in Denmark is reported by the Statistics Denmark.
Denmark Crude Oil Production at 160.00 Thousands Barrels per Day  
Crude Oil Production in Denmark decreased to 160 Thousands Barrels per Day in December of 2013 from 168 Thousands Barrels per Day in November of 2013. Crude Oil Production in Denmark is reported by the U.S. Energy Information Administration.
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