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Tag Archives: Swiss National Bank leaves key deposit rate unchanged

Swiss National Bank leaves key deposit rate unchanged

BERN: The Swiss National Bank on Thursday defended its oft-repeated claim that the Swiss franc is “significantly overvalued,” despite signs of modest economic growth, a high trade surplus and low unemployment which appear to undercut this view. The SNB has for many years warned that the franc is too strong and repeated the “significantly overvalued” assessment on Thursday as it ... Read More »