Posts Tagged ‘pegging’

Swiss Central Bank Weighs Pegging Franc to the Euro

  LIZ ALDERMANNew York Times August 12, 2011 PARIS — Switzerland’s central bank signaled Thursday it was prepared to consider a once-unthinkable step: pegging the nation’s “massively overvalued” currency to the euro, at least temporarily. Such a move would be a response to the global financial turmoil that has lifted the value of the Swiss […]

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