Franc falls after Swiss central bank moves to peg it to euro update

6th September 2011, Comments 0 comments ZURICH, SWITZERLAND - The Swiss National Bank SNB Tuesday late morning announced it is fixing the Swiss franc to the euro at a rate that will not be allowed to slip below euro 1.20 and says it is “prepared to buy foreign currency in unlimited quantities”. Its action was accompanied by the toughest words to [...]

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