UPDATE 1-For Swiss franc, only way to go may be up as central bank steps back
11 Dec UPDATE 1-For Swiss franc, only way to go may be up as central bank steps back
Posted at 09:44h
in
News
by KMFSLLP
A strong currency that
hurts exports and risks deflation, or a weak one that hobbles
banks and annoys the U.S. — that’s the choice Switzerland
faces. For now, at least, it seems to have picked the former.
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