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Swiss Franc: Funding role faces safe-haven risks - Societe Generale

Societe Generale’s Kit Juckes highlights the Swiss Franc’s role as a funding currency, with gradual depreciation interrupted by sharp rebounds during periods of market stress. With Swiss inflation subdued and fiscal and external balances stable, he sees little pressure on the SNB to raise rates.

Swiss Franc: Funding role faces safe-haven risks - Societe Generale

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