Swiss National Bank confirms beggar thy neighbor policy

[Skip to the end] AKA, “Beggar Thy Neighbor” policy straight from the book. SNB’s Jordan says Franc Can’t be Allowed to Strengthen Further by Dermot Doherty Mar 22 (Bloomberg) — The Swiss franc can’t be allowed to appreciate further as “excessive” strength would put Switzerland’s export industry at a “disadvantage” and threaten the country with higher unemployment, Sonntag reported, [...]