Market Report, "Consumer Credit in Denmark", Published
The lending interest rate of the Danish Central Bank remained stable for a period of over one year. However, this period of historically low interest rates ended on 8 April 2011, when the Central Bank, Nationalbanken, raised the rate from 0.75% to 1% and then 1.25% in July. However, by December the rate had been reduced back to 0.75% in response to a cut in the ECB interest rate as The Danish Krone is pegged to the European Exchange Rate...
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