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View Full Version : SNB Keeps Franc Ceiling on Hold, Pledges to Maintain Defense - Bloomberg



NewsWhore
09-13-2012, 03:21 AM
SNB Keeps Franc Ceiling on Hold, Pledges to Maintain Defense (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG9kXtleVhOojqXPmsiKk1e9M3EJA&url=http://www.bloomberg.com/news/2012-09-13/snb-keeps-franc-ceiling-on-hold-pledges-to-maintain-defense.html)
Bloomberg
The Zurich-based central bank also kept its benchmark interest rate at zero percent, as forecast by all 16 economists in a Bloomberg News survey. The SNB's foreign-currency reserves increased 64 percent to 418 billion francs ($446 billion) in the year ...

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