Swiss National Bank says ready to adapt in post-Brexit market - Business News - News Summed Up

Swiss National Bank says ready to adapt in post-Brexit market - Business News


Uncertainty over Brexit would continue until Britain clarified its economic policy, Jordan said. This goes for the SNB too, which is focusing in particular on countering the pressure on the franc," Jordan said.- Reuters The Swiss National Bank must be ready to react flexibly to any short term threats or opportunities arising from Brexit, SNB Chairman Thomas Jordan said in a newspaper interview published on Sunday. Right now it is still a bit premature to talk of risks or opportunities," Jordan told the newspaper Le Matin Dimanche. In the short term, Switzerland must react with flexibility to changes that affect the financial markets and the global economy.


Source: The Star July 09, 2016 21:56 UTC



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