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SNB's Zurbruegg: SNB stands ready to intervene in exchange rate markets

Swiss National Bank Vice President Fritz Zurbruegg recently crossed the wires, providing the key quotes (via Reuters) found below.

Safe haven aspect of swiss franc is still out there, situation remains fragile.

Big risk has decreased after the French election.

SNB stands ready with negative interest rates, stands ready to intervene in exchange rate markets.

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