SNB Vows to Maintain Franc Defense as Global Risks Persist - Bloomberg

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SNB Vows to Maintain Franc Defense as Global Risks PersistBloombergThe SNB put the ceiling in place in September 2011 after investors pushed the franc close to parity with the euro, threatening to thwart growth and sink the economy into deflation. According to the SNB, without the cap Switzerland would have suffered a ...and more »...SNB Vows to Maintain Franc Defense as Global Risks Persist - Bloomberg

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