Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Schneider-Ammann Says He’d Like Franc at 1.35, 1.40

(Corrects to say franc should weaken in first paragraph.)

March 26 (Bloomberg) -- Swiss Economy Minister Johann Schneider-Ammann said he would “generally like” the franc to weaken toward 1.35 or 1.40 versus the euro, according to an interview with Swiss television.

“It would be fatal if the minimum exchange rate was suddenly removed,” Schneider-Ammann said, according to comments posted on Swiss television’s website today. He referred to the Swiss central bank’s franc cap of 1.20 versus the euro. Asked whether the ceiling should be raised, he said while the central bank is “independent,” the purchasing power parity “is higher” than 1.20.

To contact the reporter on this story: Simone Meier in Zurich at

To contact the editor responsible for this story: Craig Stirling at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.