SNB sees challenges from diverging monetary policies

December 10, 2015 9:17 AM

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BERNE Dec 10 The Swiss National Bank sees the anticipated divergence in policies by global rate setters as a challenge for Switzerland, SNB Chairman Thomas Jordan said on Thursday.

"Diverging monetary policy stances in the major currency areas present small open economies like Switzerland, in particular, with huge challenges as they typically trigger substantial exchange rate fluctuations and hamper economic growth," Jordan told a news conference following the central bank's q...

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