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View Full Version : SNB Ability to Intervene on Franc Limited by Mandate, Hildebrand Tells TA - Bloomberg



NewsWhore
08-21-2010, 02:30 PM
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SNB Ability to Intervene on Franc Limited by Mandate, Hildebrand Tells TA (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEkP9hKrkbJPoYpbuEDeH39xxriQA&url=http://www.bloomberg.com/news/2010-08-21/snb-ability-to-intervene-on-franc-limited-by-mandate-hildebrand-tells-t-a.html)
Bloomberg
... the leeway to counter possible gains of the Swiss franc through currency purchases is limited by the bank&#39;s inflation mandate, Tages-Anzeiger reported. ...

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