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View Full Version : Swiss Central Bank Bought Aussie to Diversify Reserves, RBA Says - Bloomberg



NewsWhore
08-22-2012, 03:21 AM
Swiss Central Bank Bought Aussie to Diversify Reserves, RBA Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG6-gnrWoi5_d2MqjbqRUAn7jAXDw&url=http://www.bloomberg.com/news/2012-08-21/swiss-central-bank-bought-aussie-to-diversify-reserves-rba-says.html)
Bloomberg
The Swiss central bank bought around 100 billion euros (120 billion francs) in May and June, with further buying likely in July, to maintain its 1.20 franc peg against the European common currency, the RBA said. A “modest amount” of the euros were ...

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