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Tagged with "Swiss National Bank"

UBS’s Richest Clients Chase After Dollars and Scrap Swiss Franc

Posted on January 21st, 2015 at 12:23 PM
UBS’s Richest Clients Chase After Dollars and Scrap Swiss Franc

Last week, the Swiss National Bank abolished the franc’s three year-old cap of 1.20 per euro, which caused the currency to soar as much as 41 percent against the common currency. 

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