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

It’s Turning Into the Worst Year Since 2012 for Denmark’s Krone
A branch of the Danske Bank in Copenhagen, Denmark in Jan. 23, 2014. Jens Noergaard Larsen/AFP/Getty Images
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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.