20.01.2015 - Will Denmark be the next country to cause currency chaos?
Investors are worried that the Danish central bank could abandon its peg, following the Swiss in eschewing the link between its currency and the euro. In the aftermath of the market panic triggered by the Swiss National Bank's shock decision to scrap its euro ceiling for the franc, investors are asking whether Denmark could do the same. Denmark is the last major economy to peg its currency - the krone - to the euro, and has conducted a fixed exchange rate policy since the 1930s...............................................Full Article: Source
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