Bloomberg News

SNB Says It Will Defend SF1.20 Cap With Utmost Determination

January 09, 2012

Jan. 9 (Bloomberg) -- The SNB’s current monetary policy with a minimum exchange rate of SF1.20 against the euro “remains unchanged”, the bank said today.

“This policy will be pursued further with the utmost determination,” it said.

To contact the editor responsible for this story: Matthias Wabl at

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