Swiss National Bank

The Swiss National Bank Sets Minimum Exchange Rate for EUR/CHF at 1.20

January 30, 2012

The Swiss National Bank, which is the central bank of Switzerland, has announced on September 6th, 2011 that it will set a minimum exchange rate of 1.20 Swiss francs per European euro. Such a policy action is very aggressive and has huge implications on the franc’s valuation, not just against the euro, but against every […]

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