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View Full Version : SNB's Jordan Repeats Franc Pledge, Sees Property Threat - Bloomberg



NewsWhore
09-03-2012, 03:32 AM
SNB's Jordan Repeats Franc Pledge, Sees Property Threat (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEICON8vLCXhbw1tlXEjtXUEgIAqw&url=http://www.bloomberg.com/news/2012-09-03/snb-s-jordan-repeats-franc-pledge-sees-property-threat.html)
Bloomberg
The Swiss National Bank has purchased billions of euros to defend the franc ceiling, which was introduced a year ago to protect the economy from the impact of an appreciating currency. With borrowing costs at zero, Jordan today called on banks to use ...

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