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S U B S C R I B E
Friday, 23 March, 2012
IMF weighs in on 1.20 franc-euro exchange rate
This week the International Monetary Fund rolled out its annual analysis of Switzerland, and it had plenty to say. The report covered the housing market, banking policy and of course the 1.20 franc minimum exchange rate against the euro set by the Swiss National Bank last year. WRS’s Tony Ganzer spoke with Enrica Detragiache, the IMF’s mission chief for Switzerland, who praised the currency market move by the Swiss, but she tempered that praise with a caution:
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