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Sunday, September 12, 2021

Weekend - SNB's Zurbruegg says negative rates are still required to prevent a rising CHF

The Swiss National Bank's Vice President Fritz Zurbruegg was speaking with Sonntagszeitung in an interview. --- The Swiss National Bank has set its deposit rate at -0.75.%. The Bank has also not been shy to intervene in the currency if necessary. The next monetary policy meeting is September 23, expectations are of no change to current policy. 

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