PDA

View Full Version : SNB Is Ready to Act as Franc Poses Major Challenges, Jordan Says - Bloomberg



NewsWhore
04-27-2012, 04:44 AM
SNB Is Ready to Act as Franc Poses Major Challenges, Jordan Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEBku5VFbFBB9ZjVgwre7U7Py-qBA&url=http://www.bloomberg.com/news/2012-04-27/snb-is-ready-to-act-as-franc-poses-major-challenges-jordan-says.html)
Bloomberg
The SNB has said that it's ready to defend the currency ceiling of 1.20 versus the euro as Europe's fiscal crisis clouds growth prospects. Jordan, 49, said the Swiss currency is still “overvalued” and that 2012 will be a “another difficult” year for ...

[/URL]





[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEBku5VFbFBB9ZjVgwre7U7Py-qBA&url=http://www.bloomberg.com/news/2012-04-27/snb-is-ready-to-act-as-franc-poses-major-challenges-jordan-says.html]More... (http://news.google.com/news/more?ned=us&ncl=dZcIrjLEQ11EojM)