SNB keeps key rate on-hold at -0.75%

The Swiss National Bank (SNB) left the sight deposit rate unadjusted at -0.75% at its quarterly monetary assessment held today, while the central bank maintains the 3-Month Libor Target Range is held steady between -1.25% to -0.25%, as widely expected.
Meanwhile, USD/CHF remains little changed near 0.9855 levels on the SNB policy announcement.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















