SNB's Jordan: Swiss franc is still highly valued

Haresh Menghani FXStreet

Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank (SNB), commenting on monetary policy and banking regulation, said:

• Premature to tighten monetary policy.
• Weaker franc a welcome relief for the economy.
• Swiss franc is still highly valued.
• Negative rates, interventions are still essential.

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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