Swiss National Bank head confirms intervened to weaken franc

June 29, 2015 10:20 AM

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Swiss National Bank head confirms intervened to weaken franc

[BERNE] The head of Switzerland's central bank said it intervened in foreign exchange markets in a bid to weaken the franc's rise after Greece imposed capital controls and closed the country's banks.

Swiss National Bank Chairman Thomas Jordan made the remarks at a finance conference on Monday. He declined to give any details.

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