Franc Little Changed After SNB Decision
21 June 2018 - 1:36PM
RTTF2
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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