National Bank of Denmark calls end to crisis measures

national-bank-of-denmark
The National Bank of Denmark

The National Bank of Denmark is returning its monetary policy to a more normal footing, having been forced to implement crisis measures to defend its euro peg earlier this year.

Measures announced on August 26 include the lowering of current account limits from Dkr174 billion ($26 billion) to Dkr63 billion and the restarting of sales of government bonds.

Banks are allowed to keep a chunk of reserves with the central bank in the current account, which carries 0% interest and allows them to access

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