SNB's Chairman Schlegel: We're ready to intervene in the FX market if needed.
SNB's Chairman Schlegel: We're ready to intervene in the FX market if needed.
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Swiss central bank readies for FX intervention if safe haven franc strengthens
The Swiss National Bank is prepared to counter any fresh upward pressure on the Swiss franc, having increased its willingness to intervene in FX markets since the Iran war. The central bank left its main policy rate unchanged on Thursday. The SNB said Switzerland's economic activity has remained resilient since the con
Swiss central bank readies for FX intervention if safe haven franc strengthens
The Swiss National Bank is prepared to counter any fresh upward pressure on the Swiss franc, having increased its willingness to intervene in FX markets since the Iran war. The central bank left its main policy rate unchanged on Thursday. The SNB said Switzerland's economic activity has remained resilient since the con
Swiss central bank readies for FX intervention if safe haven franc strengthens
The Swiss National Bank is prepared to counter any fresh upward pressure on the Swiss franc, having increased its willingness to intervene in FX markets since the Iran war. The central bank left its main policy rate unchanged on Thursday. The SNB said Switzerland's economic activity has remained resilient since the con