Tuesday, 6 September 2011

Franc Plunges Most Ever Versus Euro as SNB Acts to Limit Gain

Sept. 6 (Bloomberg) -- The Swiss franc tumbled, dropping the most ever against the euro, after the nation’s central bank set a minimum exchange rate of 1.20 per euro and said it will defend the target with the “utmost determination” if needed. Switzerland’s currency snapped four days of ...

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