Swiss National Bank kept interest rate unchanged in June

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Source: Forexpros
The Swiss National Bank left its core interest rate unchanged this month and continued to maintain the Swiss Franc exchange rate floor of 1.20 Swiss Franc per Euro. The bank stated that it is ready to purchase foreign currency in an unlimited amount and may take further actions if necessary. The interest rate was left at 0.0%, being in compliance with expectations.  After the data release, the Swiss Franc appreciated against the US Dollar by 0.1%, with USD/CHF trading at 0.9555.

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Thu, 14 Jun 2012 11:09:53 GMT

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