The Danish central bank continues to dig a moat around the nation's currency. Negative interest rates, no new bond issues, printing currency and jawboning will only work for so long.

Denmark’s central bank scrambled to defend its under-pressure currency peg, cutting its benchmark interest rate for the fourth time in less than three weeks.

The Danish current account surplus against that of the US alone is around 3% of GDP. And contrary to Germany, Denmark is not a member of the euro area.

Denmark's currency relationship with the euro zone is much closer than Switzerland's. "The Danish crown, unlike the Swiss franc, is a euro in disguise," said Francesco Papadia, the former head of ...

But the Danish krone has proved to be popular in foreign exchange markets as the country’s peg to the euro means that it is a potentially lucrative trade if the single currency breaks up.

Denmark’s central bank refrained from intervening in the foreign-exchange market in March, in a sign that the national currency has stabilized against the euro following weeks of volatility ...

LONDON — Denmark's central government paid back the entirety of all its foreign currency loans for the first time in "at least 183 years," the country's central bank said on Monday. "On 20 March ...

The move was the "result of continued intervention to support the Danish krone," the central bank said, in a statement. The krone was down 0.1% against the single currency at 7.4604 per euro.

The September 28 referendum in Denmark on adoption of the euro was the continent's first ever plebiscite on the European single currency. In over a 90 percent turnout, Danes opted to keep the ...