SNB’s Jordan Says Franc Cap Needed as Risks Grow, NZZamS Reports

Swiss National Bank President Thomas Jordan pledged to maintain the cap on the appreciating franc amid increasing global economic risks, according to an interview with NZZ am Sonntag. “The environment has deteriorated for Switzerland,” he said. “New geopolitical risks have arisen and the internat…

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SNB’s Jordan Says Franc Cap Needed as Risks Grow, NZZamS Reports