Reuters: Private Equity: IMF says Swiss franc cap appropriate for now

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

IMF says Swiss franc cap appropriate for now May 8th 2012, 20:07 WASHINGTON | Tue May 8, 2012 4:07pm EDT WASHINGTON May 8 (Reuters) - The Swiss National Bank's cap on the strong franc is appropriate given slow growth and deflation risks, but authorities should return to a floating exchange rate when growth and inflation stabilize, the International Monetary Fund said on Tuesday. Timing the end of the cap, which the Swiss National Bank put in place as safe-haven flows drove up the value of the currency, hurting the export-heavy Alpine economy, will be tricky, the fund said in a routine review.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions