As expected, the Swiss National Bank kept the rate on sight deposits at -0.75 percent and the target range for the three-month Libor between -1.25 percent and -0.25 percent.

After the decision, the franc changed little against its major counterparts.

The franc was trading at 110.93 against the yen, 1.1521 against the euro, 1.3102 against the pound and 0.9967 against the greenback around 3:35 am ET.

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