SNB Slaps Charge On Swiss Franc Stockpilers
SNB Slaps Charge On Swiss Franc Stockpilers by Matthew Allen, swissinfo.ch
The growing allure of the Swiss Franc for international investors has forced the Swiss National Bank (SNB) to introduce negative interest rates as it battles to defend its CHF1.20 exchange rate ceiling with the euro.
Falling oil prices, the Russian rouble crash and an anticipated European Central Bank (ECB) spending spree have increased the franc’s appeal as a . . .
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