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Swiss Finance Minister: Current levels of EUR/CHF is not a problem

2 Jul 2018 08:30 AM

Swiss Finance Minister Ulrich Maurer recently confirmed that the current levels of the EURCHF are not a problem. His most prominent comments were as follows:

  • CHF exchange rate has recently depreciated against the euro.
  • Current SNB balance sheet is more favorable to the situation.
  • We would like to reduce the size of the balance sheet in the future.

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