How the Swiss National Bank managed to weaken the strong franc in the 1970s

It isn’t the first time that the strong franc has given the Swiss economy a headache. In the 1970s Switzerland was in a very similar situation, and back then the National Bank managed to lower the value of the currency – but at quite a price: inflation. (SF/swissinfo.ch)

This content was published on August 22, 2011 - 16:25

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