Bloomberg

(Bloomberg) -- The Swiss National Bank is set to keep its deposit rate unchanged at a record low of minus 0.75 percent on Thursday as policy makers conserve ammunition ahead of a U.K. vote on European Union membership. Should a so-called Brexit take place, that could put pressure on the franc, which is popular with investors at times of crisis. The SNB is set to counter any currency appreciation after the June 23 vote with more aggressive interventions, according to a Bloomberg survey of economists, with some also seeing a rate cut.

To contact the reporters on this story: Catherine Bosley in Zurich at cbosley1@bloomberg.net, Joshua Robinson in London at jrobinson37@bloomberg.net. To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss, Jana Randow

©2016 Bloomberg L.P.

bloomberg

 Bloomberg