January 16, 2018 / 6:29 PM / 6 months ago

Swiss National Bank's Jordan says negative rates still needed

ZURICH, Jan 16 (Reuters) - Swiss National Bank Chairman Thomas Jordan said negative interest rates were still needed to tame the Swiss franc, which he said remained “highly valued.”

“Switzerland has had a strong franc for a long time and it remains highly valued,” Jordan told an event in Zurich on Tuesday. (Reporting by John Revill and Angelika Gruber)

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