Roth on seventy years after the gold standard

- Central Banking staff
- 19 Dec 2006

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In the speech 'Seventy years after - the final collapse of the gold standard in September 1936' given on 15 December Jean-Pierre Roth of the Swiss National Bank said the Swiss like to remember that their currency has only been devalued once since its creation in 1850.

"With or without the gold standard, the history of the Swiss National Bank has been marked by a continuous search for a stable anchor. In order to protect the purchasing power of money and the price competitiveness of a country

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