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View Full Version : SNB Faces Further Losses on Its Foreign-Exchange Reserves, Danthine Says - Bloomberg



NewsWhore
06-16-2011, 09:40 AM
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SNB Faces Further Losses on Its Foreign-Exchange Reserves, Danthine Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE0XFHKvGInwFvNL3ii-K62PGT15A&url=http://www.bloomberg.com/news/2011-06-16/snb-faces-further-losses-on-its-foreign-exchange-reserves-danthine-says.html)
Bloomberg
The SNB&#39;s foreign-currency holdings, built up last year as it tried to contain the Swiss franc&#39;s gains, cause “increased financial risk” and “hold the potential for further losses,” Danthine said today in a speech in the Swiss capital, Bern. ...

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