Tuesday September 29, 03:51 PM
PREVIEW-Danish forex reserves seen up 6.3 pct in Sept
COPENHAGEN, Sept 29 (Reuters) - The Danish central bank's
foreign-exchange reserves are estimated to have risen to 397.6
billion crowns ($77.81 billion) in September from 374.1 billion
in August, a Reuters survey of economists showed on Tuesday.
Six (Stockholm: ECOVB.ST - news) economists' estimates ranged from a low of 385.0 billion
Danish crowns to a high of 414.1 billion, with the median and
average at 397.6 billion.
Growth in the forex reserves of the central bank, whose
monetary policy aims to keep the crown steady within a 2.25
percent band to the euro, can trigger interest rate rises.
The numbers exclude central government foreign loan
transactions.
The central bank is scheduled to release its currency
reserves data on Friday, Oct. 2, at 1400 GMT.
FORECAST Danish foreign exchange reserves at end-September (in
billions of Danish crowns)
Median 397.6
Mean 397.6
Minimum 385.0
Maximum 414.1
August 2009 (actual) 374.1
----------------------------------
Handelsbanken Markets 394.1
Jyske Bank (Copenhagen: JYSK.CO - news) 414.1
Nordea Markets 402.1
Nykredit Markets 385.0
Spar Nord Bank (Copenhagen: SPNO.CO - news) 401.1
Sydbank (Copenhagen: SYDB.CO - news) 389.1
(Reporting by Martin Dahl)
($1=5.110 Danish Crown) Keywords: DENMARK RESERVES/POLL
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