Swiss National Bank considers capital inflow control

Note: This section contains information in English only.
Source: Bloomberg
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 currency. In this case it was CHF 1.20 versus Euro ceiling. Other measures considered by the SNB include negative interest rates. 

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