The National Bank of Denmark published its monthly monetary and financial statistics, reporting that the foreign-exchange reserve increased by DKK 5.5 billion in April 2025 to DKK 661.4 billion. The rise was driven by the central bank’s net purchases of foreign exchange of DKK 6.3 billion and the central government’s net repayment of foreign debt of DKK 0.8 billion, and the bank recorded no foreign-exchange market intervention for April settlement. Since January 2025, the foreign-exchange reserve has increased by DKK 6.9 billion, with interventions remaining at zero and net foreign-exchange purchases of DKK 6.2 billion recorded under other factors. The update also showed that the central government’s net financing requirement was DKK 30.7 billion in April and that the net position of banks and mortgage-credit institutes vis-à-vis the National Bank of Denmark rose by DKK 29.7 billion to DKK 226.7 billion, largely reflecting a DKK 24.9 billion liquidity impact from the central government. It restated policy rates in effect since 22 April 2025 and published the end-April balance sheet, with total assets and liabilities of DKK 707.3 billion, including foreign assets of DKK 567.2 billion and central government deposits of DKK 254.1 billion.
National Bank of Denmark 2025-05-02
National Bank of Denmark reports foreign-exchange reserve rose DKK 5.5 billion to DKK 661.4 billion in April with no FX intervention
The National Bank of Denmark reported a DKK 5.5 billion increase in the foreign-exchange reserve in April 2025, reaching DKK 661.4 billion, driven by net foreign-exchange purchases and government debt repayment. The central government's net financing requirement was DKK 30.7 billion, while banks and mortgage-credit institutes' net position with the bank rose by DKK 29.7 billion. The bank's end-April balance sheet showed total assets and liabilities of DKK 707.3 billion, with foreign assets at DKK 567.2 billion.