Member of the governing board of the Swiss National Bank Andrea Maechler speaking with a newspaper over the weekend
(Le Matin Dimanche)
Reuters with the report:
- "In the current context, the negative interest rate remains indispensable for Switzerland. It enables us to restore, at least partially, a difference between Swiss interest rates and those abroad, thus reducing the franc's attractiveness"
- "In the current context we are persuaded that our monetary policy based on the negative interest rate and our capacity to intervene on the currency market if needed is appropriate"