Denmark Raises Key Rates As Safe Haven Appeal Wanes
Posted on January 24, 2013 at 19:28 PM EST
    The Danish central bank, which aims to keep its currency stable against the euro, has raised its key interest rates following the sale of foreign exchange to support the krone, a sign that euro zone investors are no longer anxious to seek safe haven in the Scandinavian country.     The benchmark lending rate, [...]

    The Danish central bank, which aims to keep its currency stable against the euro, has raised its key interest rates following the sale of foreign exchange to support the krone, a sign that euro zone investors are no longer anxious to seek safe haven in the Scandinavian country.
    The benchmark lending rate, which was cut to a record low last July, was raised by 10 basis points to 0.30 percent and the rate on certificates of deposit was raised to minus 0.10 percent … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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