SNB reiterates willingness to intervene in FX markets

Haresh Menghani FXStreet

Below are some of the key highlights from the SNB’s interest rate statement, released this Thursday:

• Swiss franc remains highly valued

• Will remain active in FX market as necessary while taking the overall situation into consideration

• Situation in FX market is still fragile and monetary conditions may change rapidly

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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