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View Full Version : Swissmem Chief Sees More Pressure on Franc, SonntagsZeitung Says - Bloomberg



NewsWhore
05-13-2012, 08:50 AM
Swissmem Chief Sees More Pressure on Franc, SonntagsZeitung Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHyUEPCa0QyYupzn0i-hdIgOM267g&url=http://www.bloomberg.com/news/2012-05-13/swissmem-chief-sees-more-pressure-on-franc-sonntagszeitung-says.html)
Bloomberg
Hess told the newspaper in an interview that he's convinced the Swiss central bank will be able to defend the currency ceiling of 1.20 versus the euro. The central bank should use “tactical and communication measures” to further weaken the franc, ...

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