ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »SNB gets all clear from BIS on currency interventions
Bloomberg Bank of International Settlements’ General Manager Agustin Carstens doesn’t consider the Swiss National Bank (SNB) to be a currency manipulator, according to an interview with Neue Zuercher Zeitung. Carstens told the Swiss newspaper the SNB is merely responding to loose monetary policy worldwide and using the purchases as a defensive measure in light of the large global demand for …
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