| Re: Financial Crisis Bank News [was: How Safe is UBS?]
| Quote: | |  | | | Swiss Franc now under 1.45 versus euro.
The Govt policy of talking the rate down is now going to need some faster talking.
No room to cut Swiss interest rates. I suppose they could try selling a lot of CHF & buy euros but filling the nuclear shelters with a declining currency may not be the best idea. | | | | | Now 1.43 versus euro.
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