SNB's Jordan: Interventions have had impact against upward pressure of the franc

Author: Justin Low | Category: Central Banks

Further comments by Jordan

  • SNB will use all instruments to deal with extremely uncertain environment
  • More details on FX transactions a response to bigger international interest
  • Monetary policy situation remains more or less the same
Yep, pretty much telling it as it is but also just trying to remind market participants to know what to expect should haven flows push the franc higher at any point in time.

Jordan
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