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Swiss National Bank Promises "Unlimited Currency Purchases" To Weaken Franc, Swatch Group Jumps On News

We've talked about the strength of the Swiss Franc and its impact on the watch industry probably more than most of you cared to read. But, today, the Swiss National Bank took a dramatic step towards weakening the CHF when it announced unlimited currency purchases.  The …

Imported: 7. Sept 2011 (01:16), Wristwatch News, Reviews, & …

Permanent link: http://www.hodinkee.com/blog/2011/9/6/swiss-national-bank-promises-unlimited-currency-purchases-to.html