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Kazakhstan English. North Macedonia English. Moldova English. Interventions may be carried out either directly by the ECB i. Whether the intervention is conducted in a centralised or a decentralised manner is irrelevant from the point of view of the ultimate objective of the operation. Bulgaria and Croatia joined on 13 July Foreign exchange interventions can also be conducted in the context of institutional exchange rate relations between the euro and the currencies of countries outside the European Union e.
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With regard to these currencies, Article of the Treaty provides for two possible institutional arrangements:. To date, neither of these two procedures has been implemented. Both of these institutional procedures must, however, be without prejudice to the primary objective of maintaining price stability. The ECB can also fund interventions by other means, such as foreign exchange swaps.
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Learn more about how we use cookies. Based on the determined reference rate between euro and Danish kroner, Danmarks Nationalbank calculates a price in Danish kroner for the remaining 31 currencies.
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ECB publishes the reference rates determined at the concertation at and shortly after Danmarks Nationalbank publishes the prices in Danish kroner. The exchange rates on Danmarks Nationalbank's website are indicative rates that are not intended to be used in any market transaction.
The rates are intended for information purposes only. Latest revision of the basket took effect on 1 October The calculation is revised regularly and the next planned revision will be in September The weights are calculated on the basis of trade in industrial goods in
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