Fri, 05 Oct 2012 08:34:54 GMT
SNB forex reserves rise in September, CHF in focus
The Swiss central bank's foreign currency reserves expanded to an all-time high in September amid continuing weight on the franc ceiling. Reserves advanced to 429.3 billion Francs ($460.5 billion), compared to 420.8 billion Francs in August, the Swiss National Bank reported on Friday. Thomas Jordan, SNB President, has promised to impose the Franc ceiling of 1.20 per Euro enforced in