Denmark lowers lending rate to 2.25 per cent
Copenhagen - Denmark's central bank Thursday lowered its lending rate by 0.75 percentage points to 2.25 per cent.
The cut was effective as of Friday, the Danish central bank said, adding that the cut was "a consequence" of the Thursday decision by the European Central Bank to cut its rates by 50 basis points to 1.50 per cent.
Denmark is a member of the European Union, but not a member of the eurozone.
The Danish central bank said the discount rate and the current account rate were also to be lowered by 75 basis points to 2.00 per cent as of Friday. (dpa)