SNB sets minimum euro exchange rate

September 06, 2011
The Swiss National Bank (SNB) has been forced to act again to steady the value of the Swiss franc, complaining that its “massive overvaluation” is still posing an acute threat to the Swiss economy. The central bank is today aiming for “a substantial and sustained” weakening of the currency having set its exchange rate with [...]
Read more at:http://www.bankingtimes.co.uk/2011/09/06/snb-sets-minimum-euro-exchange-rate/

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