Swiss National Bank Makes EUR200M Gift To Franc Loan Holders

09.07.2011 By Ciprian Botea , Bogdan Cojocaru

The Swiss central bank made an unexpected gift to the 50,000 of holders of Swiss franc loans in Romania, after its announcement that it will do everything in its power to depreciate the franc caused a decline by 8% in the value of the Swiss franc against the euro.

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Keywords:
SWISS FRANC
, CHF
, LOANS

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