Swiss National Bank Prepares for FX Intervention Amid Franc Strengthening Risk

The Swiss National Bank (SNB) has indicated readiness for foreign exchange intervention if the safe-haven franc strengthens further, as it maintained interest rates and highlighted ongoing uncertainty.

18 Jun, 09:44 — 18 Jun, 09:44

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cnbcMostly Factual12d ago

Swiss central bank readies for FX intervention if safe haven franc strengthens

The SNB left interest rates unchanged, as it highlighted the risk of renewed upward pressure on the Swiss franc amid ongoing uncertainty.

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Swiss National Bank Prepares for FX Intervention Amid Franc Strengthening Risk

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Swiss central bank readies for FX intervention if safe haven franc strengthens

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