Thu, 13 Sep 2012 12:25:50 GMT
SNB held Franc's ceiling, interest rate unchanged
The Swiss National Bank announced on
Thursday that it will continue to defense the Franc via purchases of
foreign currencies in 'unlimited quantities', maintaining the EUR/CHF
floor at 1.20. The Swiss central bank will also hold the benchmark
interest rate unchanged at the level of 0%, which is in compliance
with expectations.