Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, speaking at a news conference at the G20
- Swiss National Bank is trying to limit the strength of its currency, not push it to artificially low levels
- "It's always important to stress that the monetary policy of the central bank isn't one of competitive devaluation"
- "We suffer from an overvalued franc and must try to contain this overvaluation"
via Bloomberg reports
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The Swiss attended the G20 meeting at the invitation of Germany
- Switzerland took part in the meetings of the G20 finance ministers and central bank governors, as well as the deputies' preparatory meetings and the working groups dealing with financial and monetary issues in 2017
