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View Full Version : SNB Pledges to Defend Franc Ceiling as Debt Crisis Persists - Bloomberg



NewsWhore
06-14-2012, 03:20 AM
SNB Pledges to Defend Franc Ceiling as Debt Crisis Persists (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFih3g8Nsvk21-1zqHg-eoctJaJXg&url=http://www.bloomberg.com/news/2012-06-14/snb-pledges-to-defend-franc-ceiling-as-debt-crisis-persists-1-.html)
Bloomberg
The central bank's foreign-currency reserves surged to a record in May, indicating policy makers stepped up euro purchases to stave off attacks spurred by the turmoil. “The SNB are making it crystal clear that they won't tolerate any breach,” Claude ...

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