Market Currents
Frightened institutions seeking refuge in the Danish kroner and/or the Swiss franc will have to...
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Tuesday, October 9, 2012, 7:05 AM ETFrightened institutions seeking refuge in the Danish kroner and/or the Swiss franc will have to pay to deposit their money in two of the world's largest custody banks - State Street and Mellon Bank. Benchmark policy rates in both countries are essentially zero, even negative - the unintended consequences continue.
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