Swiss Central Bank Rejects US Currency Manipulation Claims

(MENAFN- Swissinfo) The Swiss National Bank (SNB) denies suggestions by the United States that it unfairly manipulates the value of the Swiss franc. This content was published on June 6, 2025 - 15:02 2 minutes Keystone-SDA

• Français fr La BNS rejette les accusations de manipulation par le Trésor US Original Read more: La BNS rejette les accusations de manipulation par le Trésor U

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The US Treasury Department has added Switzerland and Ireland to a list of trading partners likely to manipulate their currencies or put in place non-tariff trade barriers.

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In a position paper obtained by AWP, the guarantor of price stability maintains that the key rate is its principal means of action and that its interventions on the currency markets are calibrated to guarantee adequate monetary conditions in the country.

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These interventions are aimed at fulfilling the mandate of price stability and not at establishing predefined exchange rates, the SNB continued.

The SNB continues to maintain contact with the US authorities within the framework of a“macroeconomic dialogue”, which provides an opportunity to explain Swiss monetary policy.

More More US puts Switzerland on watch list of trading partners

This content was published on Jun 6, 2025 The United States Treasury Department places Switzerland on a watch list for currency and economic practices.

Read more: US puts Switzerland on watch list of trading partner

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