The Swiss franc lost ground to most of the major currencies today, after the Swiss National Bank announced that it would maintain current interest rate levels. The Bank noted that it was seeing more “tangible” signs of recovery and would now act “decisively” to prevent an excessive rise in the value of the currency.
Source: Reuters
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The Swiss franc lost ground to most of the major currencies today, after the Swiss National Bank announced that it would maintain current interest rate levels. The Bank noted that it was seeing more “tangible” signs of recovery and would now act “decisively” to prevent an excessive rise in the value of the currency.
Source: Reuters
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