jeudi 15 janvier 2015

SNB Unexpectedly Gives Up Cap on Franc, Lowers Deposit Rate

The Swiss National Bank (SNBN) unexpectedly gave up its minimum exchange rate of 1.20 per euro today, ending a three-year-old policy designed to shield the economy from the euro area’s sovereign debt crisis. In a surprise move, the central bank lowered the interest rate on sight deposit account ... SNB Unexpectedly Gives Up Cap on Franc, Lowers Deposit Rate

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