SNB responds to its inclusion on US FX manipulation watchlist

Author: Adam Button | Category: News

Switzerland added back to the FX list

Comments from Swiss officials:
  • Swiss don't manipulate currency for export advantage
  • Interventions only motivated by monetary policy
  • Objective for interventions is effect of too strong franc
  • Interventions not intended to create unfair advantage
The US didn't even come close to naming them a 'currency manipulator' when they were outright and openly manipulating the currency, so they don't have any reason to worry now.

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose