Schnabl, Gunther - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 95 (2015) 3, pp. 192-199
In January 2015, the Swiss National Bank announced that the hard peg of the Swiss franc against the euro will be … released and that the Swiss currency should float freely. This announcement brought the Swiss franc under strong appreciation … denominated debt, such as the Swiss franc and the Japanese yen, are under a persistent appreciation pressure. Appreciation …