ABU DHABI/GULF TIME The Abu Dhabi Securities Exchange (ADX) Group announced that it has achieved …
Read More »SNB steps up currency interventions
Bloomberg The Swiss National Bank (SNB) is stepping up currency interventions to stem the franc’s advance, choosing that measure over an interest-rate cut to combat the economic fallout from the coronavirus outbreak. It said the virus poses “exceptionally large challenges†and that the currency is “even more highly valued.†That change to its wording on the franc is a warning …
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