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The three main objectives of Danmarks Nationalbank are:
- Stable prices: Danmarks Nationalbank helps to maintain stable prices, i.e. low inflation. This is done by pursuing a fixed-exchange-rate policy against the euro.
- Safe payments: Danmarks Nationalbank promotes safe settlement of cash and electronic payments. This is done by issuing banknotes and coins and ensuring that payments can be settled between banks.
- A stable financial system: Danmarks Nationalbank helps to maintain the stability of the financial system. This is done by overseeing financial stability and payment systems, compiling financial statistics and managing the central government’s borrowing and debt.
The objectives build on the Danmarks Nationalbank Act of 1936. In this it is stated that "Danmarks Nationalbank … shall as the Central Bank of this country have the object … to maintain a safe and secure currency system in this country, and to facilitate and regulate the traffic in money and the ex-tension of credit”. This description still fits the tasks of Danmarks National-bank today. |
