Swiss National Bank’s Schlegel says will conduct more forex intervention if necessary

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Swiss National Bank’s Schlegel says will conduct more forex intervention if necessary

Martin Schlegel is Vice Chairman of the Governing Board of the Swiss National Bank. If necessary we will continue to raise interest ratesCurrent Swis

Martin Schlegel is Vice Chairman of the Governing Board of the Swiss National Bank.

  • If necessary we will continue to raise interest rates
  • Current Swiss
    interest rates not particularly high, no danger to financial
    stability
  • Central bank will
    continue market interventions, sell forex if necessary

Speaking on Swiss broadcaster Schweizer Radio und Fernsehen (SRF). Headlines via Reuters.

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