Market Currents
As expected, the Swiss National Bank will continue to aim for a three-month Libor close to zero....
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Thursday, December 15, 2011, 3:35 AM ETAs expected, the Swiss National Bank will continue to aim for a three-month Libor close to zero. "Even at the current rate, the Swiss franc is still high and should continue to weaken over time. The SNB stands ready to take further measures at any time if the economic outlook and the risk of deflation so require." (statement)
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