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SNB Stayed Out of FX Markets Despite Third-Quarter Franc Rally
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SNB Stayed Out of FX Markets Despite Third-Quarter Franc Rally

TheSpuzz Desk5 months ago04 mins

Source: Live Mint (Bloomberg) — The Swiss National Bank continued to refrain from significantly influencing the franc in the third quarter, even as the currency saw a rally triggered by geopolitical turmoil. Switzerland’s central bank bought foreign exchange worth 728 million francs ($806 million) from July to September after even smaller purchases in the previous…

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