Since the most recent interest rate reduction, which took effect on 6 February, the krone has been kept stable purely via intervention in the foreign exchange market. And compared with previous episodes of pressure against the krone, intervention has played a greater role this time. But it also makes a great difference whether there is upward or downward pressure on the krone.
When there is upward pressure, Danmarks Nationalbank sells kroner. We have plenty of those. So in a situation with upward pressure on the krone, Danmarks Nationalbank can sell unlimited amounts of kroner. The possibility of unlimited intervention also means that assistance from the ECB is not relevant in the defence of the krone when the pressure is towards a strengthening.