SNB's Zurbruegg Says Franc Celing Is an Extreme Measure

SNB's Zurbruegg Says Franc Celing Is an Extreme Measure
Swiss National Bank Governing Board member Fritz Zurbruegg said the franc ceiling is an extreme measure that carries “considerable” risks. “The minimum exchange rate has met with the support of the general public and the political domain,” Zurbruegg …
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Swiss econ prospects uncertain, govt says after SNB meeting
ZURICH Nov 21 (Reuters) – Swiss economic prospects are fraught with uncertainty due to turmoil elsewhere, Switzerland's government said after meeting with Swiss National Bank president Thomas Jordan on Wednesday to discuss economy and monetary …
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Swiss Central Bank Pulls Off Euro Sleight of Hand
Standing close to 430 billion Swiss francs ($ 461 billion) at the end of September, the SNB's foreign-exchange reserves are among the largest in the world, so significant changes in the portfolio of currencies it holds would typically have a hefty …
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