November 16, 2016 / 9:21 AM / 3 years ago

SNB's Jordan tells Swiss gov't ready to intervene to check franc strength

ZURICH, Nov 16 (Reuters) - The Swiss National Bank is ready to intervene on the currency markets where necessary to check the “significantly overvalued” Swiss franc, the central bank’s chairman told Switzerland’s government in a meeting.

The economic situation with Switzerland’s trade partners had improved recently, but large uncertainties remained, the government said in a press release on Wednesday describing discussions with Thomas Jordan. (Reporting by John Revill)

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