Denmark’s central bank raised its deposit rate, bringing it above zero for the first time since 2012 and ending an unprecedented period of extreme monetary policy designed to protect its currency peg. Nationalbanken increased its deposit rate to 0.05 percent from minus 0.1 percent, the Copenhagen-based bank said today. It left the lending rate unchanged at 0.2 percent. The bank also said it intervened in the currency market, purchasing kroner to support the exchange rate. The raise follows “sale of foreign exchange in the market,” the central bank said in a statement. “The short-term rates in the euro area, which are ... (full story)