Officials confirm confidence in Swiss Franc

Note: This section contains information in English only.
Source: Bloomberg
Delegates during World Economic Forum in Davos signalled certainty that Swiss National Bank (SNB) will be able to secure the ceiling of Franc amid searching for a new executive after Hildebrand's resignation. SNB is perceived as stable and secure institution, pointed out Swiss President Widmer-Schlumpf. Although, Franc has appreciated to the record high since September, it managed to stay below the ceiling. 

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