SNB

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ZURICH (Reuters) - The Swiss National Bank shocked foreign exchange markets by setting a minimum exchange rate target of 1.20 francs to the euro on Tuesday, saying it would enforce it by buying foreign currency in unlimited quantities.

SNB draws line in the sand to weaken franc – Reuters. Share Telegraph.co.uk. SNB draws line in the sand to weaken franc. Reuters Swiss franc banknotes of several values are sorted in a money counter in a bank in Zurich August 16, 2011. ...

EUR/CHF spikes higher. Will enforce this minimum rate with the utmost determination and is prepared to buy foreign currency in unlimited quantities If.


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