Denmark's central bank has cut its key interest rate by 0.1 percentage points to 0.2 percent following a similar move by the European Central Bank. The Nationalbank said Thursday's rate reduction will take effect Friday. Earlier Thursday, the ECB's governing council lowered the benchmark refinancing rate by a quarter point to a record low 0.50 percent to boost the flagging eurozone economy. Denmark is member of the European Union but is not one of the 17 countries that use the euro. The central bank typically follows ECB changes as part of a policy of trying to keep the krone pegged to the euro to help stabilize the national currency, AP reported.
