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Article: Denmark trims key lending rate to 1.35 percent
- Article from:
- AP Worldstream
- Article date:
- August 27, 2009
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Denmark's central bank on Thursday trimmed its key lending rate for the second time in less than a month by 0.1 percentage point to 1.35 percent.
The central bank also said it will slash its discount rate by 0.1 percentage point to 1.00 percent. The rate changes come into effect Friday.
Denmark is a member of the 27-nation European Union but has stayed outside the bloc's 16-member euro zone. It typically follows European Central Bank changes as part of a policy ...