SWISS NATIONAL BANK RECONFIRMS WITH US IT DOESN'T SEEK COMPETITIVE EDGE VIA FOREX
https://media.zenfs.com/en/reuters-finance.com/915da4cd4946f68e820256ff847fd589
✍️ The Swiss National Bank, Swiss Finance Ministry, and US Treasury Department have reconfirmed that they do not target exchange rates for competitive purposes.
👉 The Swiss National Bank, Swiss Finance Ministry, and US Treasury Department released a joint statement denying that they target exchange rates for competitive purposes. 👉 The Swiss National Bank has regularly denied being a currency manipulator. 👉 The bank has not intervened significantly in forex markets in recent months. 👉 The bank's chairman, Martin Schlegel, stressed that the central bank is focused on its inflation target.
-- #MaximeBotteron #MartinSchlegel #JohnRevill #DaveGraham #MirandaMurray #Zurich #Switzerland #UnitedStates #politics
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