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Showing posts with label euro area’s sovereign-debt crisis. Show all posts
Showing posts with label euro area’s sovereign-debt crisis. Show all posts

11/12/2014

Swiss Franc Intervention Looms on UBS Radar as Cap Nears

Switzerland’s franc retreated from within 0.1 percent of the level at which UBS AG, the nation’s largest lender, says the central bank may step in to defend its cap on the currency.