Dienstag, 6. September 2011

Swiss draw 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. REUTERS/Arnd WiegmannReuters - The Swiss National Bank shocked foreign exchange markets by setting a minimum exchange rate target of 1.20 francs to the euro on Tuesday, knocking back a currency rally which has threatened its economy with recession.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20110906/bs_nm/us_swiss_snb

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