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Article: Denmark to cut leading rate by half percentage point to 5 pc
- Article from:
- Xinhua News Agency
- Article date:
- November 6, 2008
CopyrightCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Denmark to cut leading rate by half percentage point to 5 pc
STOCKHOLM, Nov. 6 (Xinhua) -- Denmark's central bank
Nationalbanken decided on Thursday to lower its leading rate by half
a percentage point to 5 percent, according to reports reaching here
from Copenhagen.
The discount rate and the interest rate on the banks' current
accounts with Nationalbanken would be also lowered by half a
percentage point to 4 percent, Nationalbanken said in a ...