foreign exchange swiss franc

Swiss National Bank to Intervene in Currency Markets to Weaken Franc

The central bank of Switzerland lowered interest rates and said it will buy foreign currencies in order to prevent negative inflation.The unexpected foray into the foreign exchange market caused a massive selloff in the Swiss franc. The euro and U.S. dollar both jumped more than two cents against the franc in the moments following the decision.The Swiss National Bank lowered interest rates by a quarter-point, as expected, and said it is acting to prevent any further appreciation

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Swiss Franc / Canadian Dollar converter (SWITZERLAND, LIECHTENSTEIN / CANADA)

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Russian Ruble / Swiss Franc converter (RUSSIAN FEDERATION / SWITZERLAND, LIECHTENSTEIN)

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Swiss National Bank to Intervene in Currency Markets to Weaken Franc

The central bank of Switzerland lowered interest rates and said it will buy foreign currencies in order to prevent negative inflation.The unexpected foray into the foreign exchange market caused a massive selloff in the Swiss franc. The euro and U.S. dollar both jumped more than two cents against the franc in the moments following the decision.The Swiss National Bank lowered interest rates by a quarter-point, as expected, and said it is acting to prevent any further appreciation

2008 bank of england interest rates calendar - foreign exchange swiss franc - central bank interest

New Leu / Franc converter (ROMANIA / LUXEMBOURG)

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