SNB will intervene to control franc: Hildebrand

hildebrand

Philipp Hildebrand, the new chairman of the Swiss National Bank's (SNB) governing board, said on Monday that the central bank was watching the franc very closely. In his first official comments since taking over at the helm of the SNB, Hildebrand indicated that the central bank would intervene if the franc continued gaining in strength.

"The SNB will continue to prevent any excessive appreciation of the Swiss franc against the euro," he said, in an unscheduled statement confirmed by the central

To continue reading...

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 indvidual account here: