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View Full Version : Swiss History Suggests SNB's Currency Defense May Work: Chart of the Day - Bloomberg



NewsWhore
09-06-2011, 08:21 AM
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Swiss History Suggests SNB&#39;s Currency Defense May Work: Chart of the Day (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHy_9T4B4HranOAkDepejuZ4qs3zw&url=http://www.bloomberg.com/news/2011-09-06/swiss-history-suggests-snb-s-currency-defense-may-work-chart-of-the-day.html)
Bloomberg
The Swiss central bank should be able to defend its ceiling on the franc&#39;s exchange rate if the currency target it imposed in 1978 is any guide, said Geoffrey Yu, a foreign-exchange strategist at UBS AG. ...

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