SNB’s Hildebrand ready to intervene in Swiss franc market


The Swiss National Bank (SNB) has said it is ready to take further action to weaken the Swiss franc if the economic outlook for Switzerland continues to deteriorate.

In the Sunday edition of Swiss daily, NZZ am Sonntag, Philipp Hildebrand, chairman of the SNB, said the [Swiss] franc was still "highly valued" against the euro at the current exchange rate, and that the central bank expected to weaken it "further" over time. "If that was not the case, it could lead to deflationary trends and weigh

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: