SNB Roth - Franc strength likely to be temporary

AUSTRIA - The president of the Swiss National Bank, Jean-Pierre Roth, said Thursday that he expects the franc's current strength to be temporary, and made it clear that the Swiss monetary policy stance may deviate from that of the European Central Bank.

Referring to the franc's appreciation since 11 September, Roth said: "I regard this development as a result of extraordinary circumstances. It is therefore likely to be of temporary nature."

Roth was speaking at a financial and economic meeting

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