SNB´s Schlegel: Will do everything it can to bring inflation down
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The Swiss National Bank will do everything it can to bring inflation down, Vice Chairman Martin Schlegel told Swiss broadcaster SRF in an interview broadcast on Monday including hiking interest rates further as well as selling foreign currencies.
USD/CHF is flat on the new day on Tuesday but was pressured on Monday as the US dollar slumped. The price dropped to a low of 0.9115.
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