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NewsWhore
07-03-2012, 02:20 PM
SNB's Jordan Says Franc Limit Is Right Policy to Avoid Recession (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGEiI1XfaL_PAZQmVM-RTYMgPL4mQ&url=http://www.bloomberg.com/news/2012-07-03/snb-s-jordan-says-franc-limit-is-right-policy-to-avoid-recession.html)
Bloomberg
The central bank's foreign-currency reserves jumped about 20 percent in the five months through May as policy makers stepped up their defense of the ceiling of 1.20 francs per euro introduced in September to fight deflation and help exporters ...

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