Switzerland holds key rate unchanged

Switzerland's central bank said on Thursday it was leaving its key interest rate unchanged, cautioning that an upswing in Switzerland's faltering economy was not yet assured.

The Swiss National Bank said in a statement that the range of the three-month Libor rate would remain at a historic low point of zero to 0.75 percent, which was set more than one year ago on March 6, 2003.

"The economic recovery in Switzerland is increasingly broad based. The upswing is not yet assured, though," it added.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account