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    HomeLive CommentsSNB: Currency intervention not aimed at bringing advantage for Switzerland

    SNB: Currency intervention not aimed at bringing advantage for Switzerland

    After a statement by the Swiss Finance Ministry, the SNB also issued a statement in response to US putting Switzerland into currency manipulation watchlist.

    SNB said, “the SNB’s interventions in the currency market are motivated purely by monetary policy considerations”. “They are not aimed at bringing an advantage for Switzerland by making the franc undervalued.”

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