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SNB’s Danthine seems to rule out forex intervention

SNB’s Danthine seems to rule out forex intervention

Central Banks
Gerry Davies
16/06/2011 | 10:27 GMT

SNB board member Jean Pierre Danthine feels the Swiss economy is doing well enough at present to not need the bank to intervene in order to weaken the swiss franc. EUR/CHF at 1.2000 having been as low as 1.1954.

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