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SWISS NATIONAL BANK

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abtest

What happened to the Swiss franc?

January 19, 2015 - 12:00am

One of the world’s safest investments – the Swiss franc - has swung wildly last week after the central bank in Switzerland announced it would scrap its policy of limiting the rise of the currency.

Business

What happened to the Swiss franc?

By Ken Sweet | January 17, 2015 - 7:00am

One of the world's safest investments — the Swiss franc — has swung wildly this week after the central bank in Switzerland announced it would scrap its policy of limiting the rise of the currency.

Business

Swiss central bank caves over chief's dollar deals

January 5, 2012 - 4:00am

After days of stonewalling, the Swiss National Bank gave in yesterday to demands it shed light on currency trades from its chief's personal account that netted fat profits as he led efforts to lower the Swiss...

Swiss central bank loses $22 billion in 2010

January 15, 2011 - 6:44pm

Switzerland's central bank says it has lost 21 billion Swiss francs ($22 billion) in 2010 as the currency, considered by investors as a safe haven, rose strongly against the dollar and the euro.

Peso-dollar rate up to market

By Des Ferriols | March 14, 2009 - 12:00am

Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. said yesterday the peso will remain market-determined in the Philippines, despite the growing tendency of other central banks to intervene in the...

Business

Assets deposited in Swiss banks tumble in 2008

February 25, 2009 - 8:00am

GENEVA (Xinhua) -- The value of assets deposited in Swiss banks shrank by more than a quarter last year as the global financial crisis took hold, the official Swissinfo news website reported Tuesday.