SNB’s Maechler: Ready to buy foreign currencies if franc too strong
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Swiss National Bank’s Ms Andréa M Maechler has crossed the wires saying that raising interest rates was intended to send a clear signal that the SNB is determined to bring down inflation.
Meanwhile, USD/CHF is higher by some 1.25% as the US dollar extends its bullish cycle to fresh highs on Monday in the DXY to 114.58.
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