SNB’s Jordan: CHF remains highly valued

Eren Sengezer FXStreet

Following his speech at Zurich University, Swiss National Bank Chairman Thomas Jordan responded to questions from the audience, providing key quotes, via Reuters, found below.

I don't see crypto currencies currently as a risk.

The franc remains highly valued, negative rates still needed in international environment.

Jordan gives no forecast when normal interest rates will return.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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