Schlegel Says Vigilant SNB Unrestricted on Rates, Interventions

The Swiss National Bank is closely monitoring fallout from the Iran war and can steer the franc’s exchange rate without limits if necessary, according to President Martin Schlegel.

By Bastian Benrath-Wright · Bloomberg Markets

The Swiss National Bank is closely monitoring fallout from the Iran war and can steer the franc’s exchange rate without limits if necessary, according to President Martin Schlegel.