Tuesday, May 5, 2009

Swiss franc falls to the background commentary CB

The Swiss franc fell against the dollar at auction on Tuesday, after the deputy. Chairman of the Swiss National Bank said oo that the Central Bank is concerned about the risk of deflation, and will use the exchange rate to deal with it. In addition, he also noted that economic data pointed to slowing down the recession. He said contrary to published today, the index of consumer confidence, which in April fell to -38 compared to -23 in March.

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