The National Bank of Denmark published its June foreign exchange, liquidity and monthly balance sheet update showing the foreign exchange reserve increased by DKK 11.8 billion to DKK 699.3 billion. The rise reflected net foreign exchange purchases by the central bank of DKK 0.8 billion and the central government's net foreign borrowing of DKK 11.0 billion. For settlement in June, intervention in the foreign exchange market resulted in a net sale of foreign exchange of DKK 0.7 billion. On liquidity, the central government's net financing requirement was DKK 0.8 billion in June, while the net position of banks and mortgage-credit institutes vis-a-vis the central bank decreased by DKK 1.0 billion to DKK 301.1 billion. The government's liquidity impact reduced that net position by DKK 1.9 billion. The end-June balance sheet totaled DKK 737.3 billion, up from DKK 733.5 billion at end-May. The release also restated that, since 12 June 2026, the discount rate, current-account rate and certificates of deposit rate have been 1.85% and the lending rate has been 2.0%.
National Bank of Denmark2026-07-02
National Bank of Denmark reports June foreign exchange reserve rose to DKK 699.3 billion amid DKK 0.7 billion intervention sale
The National Bank of Denmark said its foreign exchange reserve increased by DKK 11.8 billion in June to DKK 699.3 billion, driven by DKK 0.8 billion of net foreign exchange purchases and DKK 11.0 billion of central government net foreign borrowing. Banks' and mortgage-credit institutes' net position with the central bank fell by DKK 1.0 billion to DKK 301.1 billion, while intervention-related foreign exchange sales settled in June totaled DKK 0.7 billion.