Franc Advances After SNB Decision
03:33, 18th September 2014
(RTTNews) - As expected, the Swiss National Bank kept the 3-month Swiss Libor rate target unchanged at 0 percent and retained the EUR/CHF exchange rate floor at 1.20. After the announcement, the franc climbed against the other major currencies.
The franc was trading at 1.2067 against the euro, 1.5250 against the pound, 115.93 against the yen and 0.9380 against the greenback around 3:31 am ET.
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