UPDATE 1-Danish central bank spent billions defending crown in March
Denmark’s central bank
bought more than $9 billion worth of Danish crowns in March to
defend its peg against the euro, as investors fled smaller
currencies in the financial market turmoil caused by the
coronavirus pandemic.
bought more than $9 billion worth of Danish crowns in March to
defend its peg against the euro, as investors fled smaller
currencies in the financial market turmoil caused by the
coronavirus pandemic.
Posted by Reuters
