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Home>Denmark cuts deposit rate for third time in two weeks

Denmark cuts deposit rate for third time in two weeks

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Thu, 29 Jan 2015

The Danish National Bank on Thursday cut its deposit rate by 15 basis points to negative 0.5% in an effort to prevent the krone from strengthening too much against the euro. It's the third time in less than two weeks the central bank has slashed its deposit rate, following persistent upward
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