Economics

It's Turning Into the Worst Year Since 2012 for Denmark's Krone

A Danish five krone coin.
Photographer: Chris Ratcliffe/Bloomberg

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By Nick Rigillo and Peter Levring

December 18, 2018 at 3:00 PM UTC

Updated on

December 18, 2018 at 11:01 PM UTC

This article is for subscribers only.

Denmark’s currency is reaching the end of its worst year since 2012.

Back then, the central bank delivered a series of interest rate cuts to weaken the krone and defend its peg to the euro. Now, the picture is more mixed.