Swiss National Bank Holds Interest Rate at 0.25%

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07-22-2011, 07:12 PM

actoffshore actoffshore is offline

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Swiss National Bank Holds Interest Rate at 0.25%

The Swiss National Bank held its target for the 3-month franc LIBOR unchanged at 0.25 percent, with exchange rate concerns taking focus. The Bank said: "Should the exchange rate again be subject to significant changes, a reassessment of the inflation outlook would be required,".

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