Share This

Google App Engine

Powered by Google App Engine

AddToAny.com/share_save

Share

share gadget

http://fcgadgets.appspot.com/spec/sharefb.xml

Facebook Badge

PLUGINS FACEBOOK

FACEBOOK SOCIAL PLUGINS

My Blog List

ADDED TWITTER

Total Pageviews

Wednesday, September 7, 2011

Swiss Franc Peg - Swiss Central Bank Move 'Huge Mistake': Jim Rogers - CNBC

Swiss Franc Peg - Swiss Central Bank Move 'Huge Mistake': Jim Rogers - CNBC

1 comment:

  1. PROBABLY a hugh mistake, but ''possibly'' a master-stroke in the art of innovative moves, apparently through REFORMATING ITS OWN MOULD, OBLIVIOUSLY. ...On Tuesday, the Swiss National Bank set a minimum exchange rate of 1.20 Swiss francs for the euro, pledging to buy other currencies in unlimited amounts to defend the target.

    Analysts said this was an endurance contest by which the SNB wanted to take the shine off the Swiss franc's safe haven status, in a move that roiled markets.

    ReplyDelete