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Swiss get the bill for SNB U-turn as economy seen in recession
Published Wed, Aug 26, 2015 · 09:50 PM
Zurich
THE Swiss National Bank (SNB) may see the fallout from its dramatic policy U-turn delivered in one word this week: recession.
Seven months after the central bank scrapped its currency cap, Switzerland is dealing with declining exports, stagnant manufacturing and plunging prices. Economists forecast gros…
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