Jordan: Strong Swiss franc and large current account surplus: a contradiction?

For almost 18 months now, the Swiss National Bank (SNB) has been enforcing the minimum exchange rate of CHF 1.20 per euro with the utmost determination. The need for this measure is widely recognised, both domestically and abroad, due to the substantial appreciation of the Swiss franc in summer 2011…

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Jordan: Strong Swiss franc and large current account surplus: a contradiction?

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