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View Full Version : Swiss Central Bank Cuts Rate to 0.25% to Battle Recession - Bloomberg



NewsWhore
03-12-2009, 11:11 AM
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Swiss Central Bank Cuts Rate to 0.25% to Battle Recession (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3DawHMlSPjSp8U%26refer%3Dhome&cid=1314445878&ei=1Bi5SayDDJPaMdLPlPUJ&usg=AFQjCNHezdeN0dHruT52XE2DmrL3L77HPw)
Bloomberg
21 that the central bank could intervene in currency markets at fixed exchange rates if necessary to prevent a renewed appreciation of the franc. The Swiss currency has gained about 8 percent in the past six months against the euro, ...


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