SNB Says It’s Prepared to Take Further Measures on Swiss Franc if Needed
From bloomberg.com
The Swiss central bank said the economic outlook has “deteriorated substantially” following the franc’s surge to a record against the euro and the dollar. The Swiss National Bank “is keeping a close watch on developments on the foreign-exchange market and will take further measures against the strength of the Swiss franc if necessary,” it said in an e-mailed statement from Zurich today.
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