SZ News: ‘Hope’ of SNB Countering Franc Gains
The Swiss have been buying euro all along to support their exporters (at the expense of the macro economy but that’s another story). No doubt
June 7, 2010
The Swiss have been buying euro all along to support their exporters (at the expense of the macro economy but that’s another story). No doubt
Roubini totally doesn’t get it. The point of CB intervention is to keep interest rates at their target rates, not to provide funds for lending,