2015-01-15forbes.com

`` Three years ago the Swiss central bank put in place a ceiling of Sfr1.20 per euro to stop the currency's appreciation, which was causing problems for Swiss exporters, among other things. This morning -- to general surprise -- it abandoned the ceiling... It appears to have done so because of an expected sovereign bond buying programme from the European Central Bank in the next few days...''



Comments: Be the first to add a comment

add a comment | go to forum thread