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SNB keeps rates steady at 0.25%

By   || March 11, 2010 at 13:00 GMT
|| 1 comment || Add comment

SNB holds target range for 3 month swiss franc libor unchanged at 0.00-0.75%, Continues to aim for 0.25%

To counter excessive rise in swiss franc vs euro decisively.

Just ahead of announcement was getting reports SNB had been bidding 1.4605 on EUR/CHF and raised their bid to 1.4612.  I take it’s on the EBS platform. We sit presently at 1.4615.

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One Response to “SNB keeps rates steady at 0.25%”

  1. Alex on March 11th, 2010 13:06 GMT

    Looks like they may have just slightly pushed the buy button, but no follow through yet :(

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