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Denmark cuts certificate of deposit rate by 0.15% points

Monday, January 19, 2015 - 23:47

[COPENHAGEN] Denmark's central bank cut its certificate of deposit rate by 0.15 percentage points to minus 0.20 per cent on Monday, days after the Swiss National Bank scrapped the franc's cap against the euro.

The move comes after several months of the Danish crown strengthening against the euro, to which it is pegged.


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