Headlines crossing the wires from the Swiss National Bank (SNB) board member Maechler, as Reuters reports her comments from a newspaper interview.
CHF would be stronger without negative rates, which would have heavy impact on economy & pension funds
Franc remains significantly overvalued and presents big challenges to business
Economy cannot depend on one “magic number”
SNB role not to apply a particular exchange rate but ensure there is appropriate monetary environment
SNB focus on overall FX situation, not just the euro
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