Home Swiss National Bank keeps key rate on-hold at -0.75%, as widely expected

Swiss National Bank keeps key rate on-hold at -0.75%, as widely expected

Updated: 21 Jun. 2018 | 09:31

The Swiss National Bank (SNB) board members decided to leave the benchmark sight deposit rate unchanged at -0.75% at its quarterly monetary assessment held today.

The central bank maintained the 3-Month Libor Target Range steady between -1.25% to -0.25%, as widely expected.

Meanwhile, USD/CHF remains flirts with session lows near 0.9965 on the SNB policy announcement.

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