» Switzerland: SNB Currency Focus Continues Decision Economics

Switzerland: SNB Currency Focus Continues

Posted September 13, 2012 by rvillareal

  • Unsurprisingly, the SNB reiterated that it will enforce the minimum exchange rate of SFr 1.20 per euro with the utmost determination, again stating that it is prepared to buy foreign currency in unlimited quantities. It continues to aim for a three-month Libor at zero to 0.25%.
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