Franc Weakens After SNB Decision
22 September 2022 - 05:34AM
RTTF2
As expected, the Swiss National Bank raised its policy rate by
75 basis points to 0.50 percent from -0.25 percent. The franc fell
against its major counterparts after the decision.
The franc was trading at 149.82 against the yen, 0.9573 against
the euro, 1.0938 against the pound and 0.9725 against the greenback
around 3:35 am ET.
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