Policy rate in Denmark

Banco Nacional de Dinamarca · Mensual

1.85% (Jul-26) ABS · % · Mensual · CSV

About this indicator

Source	Danmarks Nationalbank
Frequency	Mensual
Release	En las fechas de las reuniones de política monetaria del banco central.
What it is	Denmark's official interest rate, set by Danmarks Nationalbank. Its key reference is the certificate-of-deposit rate, which the central bank uses to defend the Danish krone's (DKK) peg to the euro within the ERM II framework.
How it's calculated	It is not a statistic: it is set by Danmarks Nationalbank. Unlike most central banks, it does not pursue its own inflation target but adjusts the rate to keep the exchange rate stable against the euro, closely shadowing ECB decisions.
Market implications	With the krone pegged to the euro, moves usually mirror the ECB and are sometimes made independently to defend the parity. They feed through to Danish credit and market rates; for markets the key read is the pressure on the currency peg.
Limitations	It is a discretionary decision driven by the exchange rate rather than domestic inflation, so it carries a limited signal about Denmark's own economy. It changes only on decision dates and its effect on activity works with long lags.