Denmark cuts key interest rate by 0.35 points
Copenhagen - AFP
Denmark's central bank announced Thursday it would cut its key interest rate by 0.35 points to 1.20 percent, in line with the European Central Bank's earlier move to reduce its borrowing benchmark. "The interest rate reduction is a consequence of the reduction by the European Central Bank of its rate on main refinancing operations by 0.25 percentage points to 1.25 percent," the Danish bank said in a statement.
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