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Saturday, June 8, 2013

SNB Three-Month Target Libor Rate

Is the scope for interest rate established by the Swiss National Bank which aims at keeping interest rates within this range for a period of three months, the range consists of ratios be the difference between 1% and is considered the scope of the interest rate is the main tool of monetary policy in Switzerland.

Release date:

Issued quarterly

Type Indicator:

Monetary policy and interest rates.

Source:

Switzerland's central bank

The impact of the index:

News of strong capable of moving the market immediately after its release, and if the real value of the index at the larger-than-expected release be positive for the currency, but if the real value of the index when it is published less than expected to be negative for the currency.

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