Bericht
Pressure on the Danish krone in times of crisis
The Danish krone was under weakening pressure in March 2020, following the outbreak of covid-19. Contrary to earlier episodes of pressure, the pressure in March 2020 was not driven by speculation about the sustainability of the Danish fixed exchange rate policy or the euro. The pressure in March was driven by the domestic insurance and pension sector and the investment fund investors, who sold kroner in response to losses on their foreign exchange assets.
- Language
-
Englisch
- Bibliographic citation
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Series: Economic Memo ; No. 11
- Classification
-
Wirtschaft
- Subject
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Wechselkurs
Finanzkrise
Währung
Dänemark
- Event
-
Geistige Schöpfung
- (who)
-
Grønlund, Asger Munch
Risbjerg, Lars
- Event
-
Veröffentlichung
- (who)
-
Danmarks Nationalbank
- (where)
-
Copenhagen
- (when)
-
2020
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Grønlund, Asger Munch
- Risbjerg, Lars
- Danmarks Nationalbank
Time of origin
- 2020