Exchange Rate in Denmark

Denmark Exchange Rate | Economic News & Forecasts

Denmark - Exchange Rate

Economic growth moderated in the third quarter according to a preliminary estimate released by Statistics Denmark. The slowdown was mainly due to weak activity in the construction sector. Tighter bank lending requirements implemented last year and tepid demand weighed on activity, as reflected by the sharpest fall in building permits and new construction starts in approximately 13 years. Softer industrial production also dragged on the headline GDP figure. Meanwhile, the fourth quarter got off to a rocky start: In October, consumer and business confidence worsened, and the manufacturing PMI fell slightly into contractionary territory. On the political front, the government proposed the 2020 budget in early October. The modestly expansionary budget looks to increase spending on low-income families, partly funded by raising inheritance tax and rolling back tax cut promises.

Denmark - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)5.43  6.16  6.87  7.06  6.21  

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Denmark Exchange Rate Chart

Denmark Exchange Rate
Note: Danish Krone (DKK) per euro
Source: Thomson Reuters.

Denmark Facts

Bond Yield-0.64-1.54 %Sep 04
Exchange Rate6.76-0.57 %Sep 04
Stock Market1,052-0.39 %Sep 04

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