Market Currents
SNB President Jordan dismisses calls from Swiss industry to raise the floor on the euro/franc...
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Sunday, May 27, 2012, 7:31 AM ETSNB President Jordan dismisses calls from Swiss industry to raise the floor on the euro/franc exchange rate, giving the impression the central bank has its hands full just maintaining the CHF 1.20 floor. Meanwhile, a working group suggests capital controls, among other measures, to defend against franc strength in the event the crisis worsens.
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