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2022.06.16 15:44 GMT+8

Swiss National Bank raises SNB policy rate to −0.25%

Updated 2022.06.16 15:44 GMT+8
CGTN

The Swiss National Bank is tightening its monetary policy and is raising its policy rate and the interest rate on sight deposits by half a percentage point to −0.25 percent to counter increased inflationary pressure, the bank said in a press release on Thursday.

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