An aggressive monetary policy that is seen as exacerbating imbalances in the economy would not be regarded as sustainable and would not generate the exchange rate relief being sought.
The very low level of interest rates in Denmark means that Danmarks Nationalbank profits from the foreign exchange reserve: the amounts in euro included in the reserve accrue interest at a higher rate than that at which the banks’ deposits in kroner are remunerated. So Danmarks Nationalbank is strongly positioned in a situation with upward pressure on the krone. Our patience knows no limits.