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View Full Version : SNB Counts Cost of Franc Cap as Crisis Raises Stakes for Jordan - Bloomberg



NewsWhore
06-13-2012, 01:40 AM
SNB Counts Cost of Franc Cap as Crisis Raises Stakes for Jordan (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFkTi-V1-AS7xEQBiN_x9T63NRCoQ&url=http://www.bloomberg.com/news/2012-06-12/snb-counts-cost-of-franc-cap-as-crisis-raises-stakes-for-jordan.html)
Bloomberg
The central bank's foreign-currency reserves surged in May, indicating policy makers stepped up euro purchases to stave off attacks spurred by the turmoil. “The SNB is under intense pressure to appear rock-solid in its determination to defend the limit ...

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