Swiss Franc Cap Stabilized Economy, Ineichen-Fleisch Tells NZZ

The upper limit of 1.20 francs against the euro, imposed by the Swiss central bank, has given companies stability and a stable planning environment, Marie- Gabrielle Ineichen-Fleisch, who heads the State Secretariat for Economic Affairs, told Neue Zuercher Zeitung in an interview.

To return to normal, the economy would need an exchange rate of 1.35 to 1.40 francs per euro, she said.

To contact the reporter on this story: Klaus Wille in Zurich at kwille@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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