This morning, the president of SNB Hildebrand made several strong statements Swiss franc impetus to growth. In addition to indications that there are upside risks of price stability, he also suggested that the economy was more resilient to the stronger currency than expected. Hildebrand voiced fears that the country may suffer from high commodity prices, if the currency will plummet. In a relatively quiet Friday Suisse reached 0.87 in early trading in London.
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