SNB Vice Chairman says SNB has a greater willingness to intervene in the FX market, via RTS
- Have observed since start of the war that the CHF has lost value.
Context
The SNB Vice Chairman's comments suggest a more proactive stance on currency intervention, likely in response to the recent depreciation of the CHF since the onset of the war. This increased willingness to intervene may impact expectations around monetary policy and the valuation of the franc, particularly against major currencies amidst heightened geopolitical tensions.
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