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View Full Version : Jordan Named SNB President, Takes Up Fight to Defend the Franc - Bloomberg



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04-18-2012, 07:40 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH15Rl6-tyxDNOv8kutVL6bmUgF3w&url=http://www.bloomberg.com/news/2012-04-18/jordan-named-snb-president-takes-up-fight-to-defend-the-franc.html)


Jordan Named SNB President, Takes Up Fight to Defend the Franc (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH15Rl6-tyxDNOv8kutVL6bmUgF3w&url=http://www.bloomberg.com/news/2012-04-18/jordan-named-snb-president-takes-up-fight-to-defend-the-franc.html)
Bloomberg
The ceiling was introduced to force a “substantial and sustained weakening” of the currency, according to the SNB. On March 15, Jordan described the franc as still “very, very strong” and reiterated that policy makers are ready to take further measures ...

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