Switzerland And US Pledge To Avoid Currency Manipulation

2025-09-29 02:07:33

(MENAFN- Swissinfo) The Swiss National Bank (SNB), the Federal Department of Finance (FDF) and the US Department of Treasury adopted a joint statement on macroeconomic and currency issues. This content was published on September 29, 2025 - 15:46 2 minutes Keystone-SDA

Italiano it Svizzera e Stati Uniti insieme,“non manipoliamo le valute” Original Read more: Svizzera e Stati Uniti insieme,“non manipoliamo le valute

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In the text, Switzerland and the United States reaffirm that they do not influence exchange rates for competitive purposes.

Bern and Washington reaffirm their adherence to the principles of the International Monetary Fund (IMF) and the G20 group of states regarding currency practices, reads a statement released on Monday afternoon by the SNB.

“In particular, neither country uses exchange rates or the international monetary system for the purpose of preventing effective balance of payments adjustment or securing unfair competitive advantages.”

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