March 06, 2015 BY Andrew Saks-McLeod

Switzerland's FX reserves hit all time high with CHF 11 billion rise in February

Alluding to Switzerland's decision to remove the 1.20 peg on EURCHF last month having been an effort to shore up the nation's vault-like economy, Switzerland's FX reserves have risen by CHF 11 billion in February, an all time high in the first whole month since the dramatic move by the country's central bank

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