Swiss National Bank Maintains Key Interest Rate at -0.75%
Zurich | 15th March 2018
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy, with the aim of stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%.
” Swiss National Bank MAINTAINS KEY INTEREST RATE AT -0.75% “
The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration.
Official Press Release by Swiss National Bank