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IMF’ Lagarde and the Swiss Franc cap..

IMF’ Lagarde and the Swiss Franc cap..

News
Pete Jackson
20/03/2012 | 10:50 GMT
  • Encourages SNB to return the franc to a fee floating currency, when growth picks up and inflation returns to comfortable levels
  • Won’t spell out specific conditions required for any cap exit (mission chief)

SNB’s Moer: Agrees with IMF’s assessment that the cap is credible and helping the economy

EUR/CHF sitting in it’s comfort zone around 1.2060/70

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