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View Full Version : SNB Keeping Eye on Denmark to Stem Capital Flooding Switzerland - Bloomberg



NewsWhore
07-26-2012, 01:20 AM
SNB Keeping Eye on Denmark to Stem Capital Flooding Switzerland (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH6uuYEJGmtTYbhq1zir7SGTY8JSw&url=http://www.bloomberg.com/news/2012-07-25/snb-keeping-eye-on-denmark-to-stem-capital-flooding-switzerland.html)
Bloomberg
In Switzerland, the SNB imposed a franc ceiling of 1.20 versus the euro in September, a measure last used in the 1970s, to fight deflation threats after the currency surged as much as 37 percent in the previous twelve months. The Swiss currency remains ...

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