The National Bank of Denmark published its October 2026 foreign exchange and liquidity update, showing reserves fell by DKK 7.4 billion to DKK 685.8 billion, reflecting government foreign debt repayments. Banks and mortgage credit institutions' net position with the central bank increased by DKK 21.6 billion to DKK 330.3 billion, mainly reflecting the government's liquidity impact. The central government's net repayment of foreign debt amounted to DKK 7.5 billion. There were no foreign exchange market interventions for settlement in October. Despite the monthly decline, reserves increased by DKK 17.3 billion over January to October 2026. The government's liquidity impact increased banks and mortgage credit institutions' net position by DKK 21.3 billion in October. This reflected a gross domestic financing requirement of DKK 29.7 billion against gross domestic borrowing of DKK 8.4 billion.
National Bank of Denmark reports DKK 7.4 billion decline in foreign exchange reserves in October
The National Bank of Denmark reported that foreign exchange reserves declined by DKK 7.4 billion to DKK 685.8 billion in October 2026, reflecting government net foreign debt repayments of DKK 7.5 billion. No foreign exchange interventions settled during the month. Banks and mortgage credit institutions' net position with the central bank rose by DKK 21.6 billion to DKK 330.3 billion, largely reflecting the government's liquidity impact.