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SNB's Maechler: Swiss franc remains highly valued despite recent weakening

SNB Governor Andrea Maechler recently delivered remarks prepared for an event in Geneva, with key quotes, via Reuters, found below.

Bank's monetary policy remains expansive.

Bank policy remains based on negative interest rate and currency market interventions.

Swiss franc remains highly valued despite recent weakening.

Interest rate differential between switzerland and other countries may widen in future.

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