jeudi 15 janvier 2015

Swiss National Bank discontinues minimum exchange rate, lowers interest rate to –0.75%

The Swiss National Bank (SNB) is discontinuing the minimum exchange rate of CHF 1.20 per euro. At the same time, it is lowering the interest rate on sight deposit account balances that exceed a given exemption threshold by 0.5 percentage points, to −0.75%. It is moving the target range for the... Swiss National Bank discontinues minimum exchange rate, lowers interest rate to –0.75%

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