NewsWhore
03-08-2012, 05:20 AM
SNB Spent $19.5 Billion in 2011 to Stem Franc Gains, Defend Currency Cap (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF60AtSKavTRe7coiZw22Hhkmmg6g&url=http://www.bloomberg.com/news/2012-03-08/snb-spent-19-5-billion-in-2011-to-stem-franc-gains-defend-currency-cap.html)
Bloomberg
The Swiss central bank spent 17.8 billion Swiss francs ($19.5 billion) in 2011 to stem the currency's “massive overvaluation” and enforce an exchange- rate cap to protect the economy. The Swiss National Bank (SNBN) bought foreign currencies from a wide ...
and more » (http://news.google.com/news/more?ned=us&ncl=ddrytPkhy7cZ-tM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF60AtSKavTRe7coiZw22Hhkmmg6g&url=http://www.bloomberg.com/news/2012-03-08/snb-spent-19-5-billion-in-2011-to-stem-franc-gains-defend-currency-cap.html)
Bloomberg
The Swiss central bank spent 17.8 billion Swiss francs ($19.5 billion) in 2011 to stem the currency's “massive overvaluation” and enforce an exchange- rate cap to protect the economy. The Swiss National Bank (SNBN) bought foreign currencies from a wide ...
and more » (http://news.google.com/news/more?ned=us&ncl=ddrytPkhy7cZ-tM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF60AtSKavTRe7coiZw22Hhkmmg6g&url=http://www.bloomberg.com/news/2012-03-08/snb-spent-19-5-billion-in-2011-to-stem-franc-gains-defend-currency-cap.html)