NewsWhore
07-29-2011, 11:30 AM
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Swiss National Bank Posts $13.5 Billion First-Half Loss on Declining Euro (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGYIjFafUV0wisQH4VcEAirGK3cPw&url=http://www.bloomberg.com/news/2011-07-29/swiss-national-bank-posts-13-5-billion-first-half-loss-on-declining-euro.html)
Bloomberg
That left the bank's balance sheet vulnerable to currency swings. The franc's advance against the euro contributed to a 21 billion- franc loss in 2010. “Today's figures are the result of the SNB's breakneck intervention policy,” Martin Baltisser, ...
and more » (http://news.google.com/news/more?jfkl=true&ned=us&ncl=dOvAXGqKBFBqb8M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGYIjFafUV0wisQH4VcEAirGK3cPw&url=http://www.bloomberg.com/news/2011-07-29/swiss-national-bank-posts-13-5-billion-first-half-loss-on-declining-euro.html)
Swiss National Bank Posts $13.5 Billion First-Half Loss on Declining Euro (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGYIjFafUV0wisQH4VcEAirGK3cPw&url=http://www.bloomberg.com/news/2011-07-29/swiss-national-bank-posts-13-5-billion-first-half-loss-on-declining-euro.html)
Bloomberg
That left the bank's balance sheet vulnerable to currency swings. The franc's advance against the euro contributed to a 21 billion- franc loss in 2010. “Today's figures are the result of the SNB's breakneck intervention policy,” Martin Baltisser, ...
and more » (http://news.google.com/news/more?jfkl=true&ned=us&ncl=dOvAXGqKBFBqb8M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGYIjFafUV0wisQH4VcEAirGK3cPw&url=http://www.bloomberg.com/news/2011-07-29/swiss-national-bank-posts-13-5-billion-first-half-loss-on-declining-euro.html)