Denmark’s exchange rate stable despite greater FDI inflows

Large international investments absorbed by krone market, central bank says

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The Danish exchange rate has remained stable over the last four quarters, despite an increase in foreign direct investment, the National Bank of Denmark said on August 14.

International investments in the Scandinavian economy reached 74 billion krone ($11.3 billion) during this period of time.

“Some of the latest year’s acquisitions were settled in Danish kroner, and generated considerable purchases and sales of kroner,” says the central bank. “However, these large transactions were absorbed

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