Mon, 28 May 2012 13:49:59 GMT
Swiss National Bank considers capital inflow control
Thomas Jordan, president of the Swiss National Bank (SNB), announced that bank considers introducing control of capital inflows in order to prevent further strengthening of the Swiss Franc. This would be continuous effort of the SNB to stop Frac's appreciation against the Euro since mid 2010. Recently, for the first time since 1970's, the SNB had to use self-imposed limit of the Franc versus other