krone

The krone is now rapidly sinking towards the central parity rate, which has "previously acted as a ceiling in terms of how much the Danish central bank would allow the krone to weaken," said Nordea analysts in a research note.

Denmark Shifts Policy to Keep Euro Peg in Check Charles Duxbury 2010

The krone is still uncomfortably weak, testing the central bank's tolerance for movement within its permitted band against the euro.

Denmark Shifts Policy to Keep Euro Peg in Check Charles Duxbury 2010

While other countries 'central banks have cut their interest rates to support economic growth in recent weeks, Denmark's central bank was forced to raise its key rate to 5.5% from 5% on Oct. 24 to prop up the Danish currency, the krone, which is pegged to the euro.

Denmark Pushes for Vote to Adopt Euro 2008

Though this would cause short-term volatility, longer term the krone would likely appreciate against other Scandinavian currencies and the euro, he wrote.

BusinessWeek.com -- Top News 2011

That compares with 53.4 percent for the euro two years ago after the central bank raised interest rates to an eight-year high to defend the krone, which is pegged to Europe's single currency.

BusinessWeek.com -- Top News 2010

Denmark twice raised interest rates in October to help protect its currency, the krone, which is pegged closely to the euro.

Edward Lucas 2008

At the time the bank said it was forced to up the rate to defend the Danish krone, which is pegged to the euro.

Kansas City Star: Front Page 2008

Denmark twice raised interest rates in October to help protect its currency, the krone, which is pegged closely to the euro.

Edward Lucas 2008

[A "krone" is equal to one shilling and three-halfpence.]

Ghosts Henrik Ibsen 1867

"It's a serious issue when the Norwegian krone is so strong," Knut E.

Norwegian Krone Strength a 'Serious Issue' Katarina Gustafsson 2011