ZURICH—Switzerland’s central bank was forced to scrap its cap on the value of the Swiss ... of the Swiss franc at 1.20 francs per euro, the SNB said in its report.

The SNB, which imposed the cap on the franc a year ago after investors seeking a safe-haven from the euro zone’s troubles drove the currency 20 percent higher in the space of just a few months ...

ZURICH (Reuters) - The Swiss National Bank (SNB) had little choice but to abandon its three-year-old cap on the franc but its execution of the move left a vacuum of policy uncertainty where a ...

In a surprise statement that sent shockwaves through equities and currency markets, the central bank ended its cap of ...

The poll underlines the credibility that the SNB's cap has achieved a year after it imposed the 1.20 per euro limit to deter investors seeking a safe haven from the euro crisis. Vowing to shield ...

ZURICH—Switzerland’s central bank Friday warned its repeal of a cap on the country’s currency and market volatility could threaten its performance this year, jeopardizing customary payments ...

ZURICH (Reuters) – The Swiss National Bank (SNB) is prepared to use a variety of measures to defend its 1.20 per euro cap on the Swiss franc, including negative interest rates, an SNB board said ...

Swiss National Bank (SNB) board member Jean-Pierre Danthine speaks to media during a news conference in Bern, Switzerland June 18, 2015. REUTERS/Ruben Sprich 33,187 people played the daily ...

Since the franc cap was imposed in 2011, there have been times when for one reason or another some, including ourselves thought it could be abandon. However, the SNB did not relent. Last month ...

Two years after the SNB implemented a cap of 1.20 per euro to protect Switzerland’s economy from deflation and recession amid the sovereign debt turmoil affecting its neighbors, Jordan will ...

All 20 economists who replied to a question about the cap said the SNB would keep it through 2014. Eleven expect it to end sometime in 2015, but a further nine predicted it could last even longer.