SNB’s Hildebrand vows to fight franc appreciation
The eurozone's debt crisis will not be allowed to spill over and cause an excessive rise in the Swiss franc, Philipp Hildebrand, the chairman of Swiss National Bank's (SNB) governing board, has said.
In an interview published in Neue Zürcher Zeitung am Sonntag, a newspaper, Hildebrand said the central bank would continue intervening to contain a rise in the currency that could spark deflation. "Problems with stability in the eurozone automatically affect Switzerland negatively and are therefore
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