Franc Rises Ahead Of SNB Decision
22 September 2022 - 05:26AM
RTTF2
The Swiss National Bank's monetary policy announcement is due at
3:30 am ET Thursday. The SNB is widely expected to raise its policy
rate by 75 basis points to 0.50 percent from -0.25 percent.
Ahead of the decision, the franc rose against its major
counterparts.
The franc was worth 151.09 against the yen, 0.9487 against the
euro, 1.0839 against the pound and 0.9649 against the greenback at
3:25 am ET.
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