Skip to content
Subscriber Only

Swiss Defy Currency Gravity as ECB Cut Stays Unanswered

The Swiss national flag flies above the Federal Palace, Switzerland's parliament building in Bern, Switzerland, on Tuesday, March 12, 2013. The Swiss central bank pledged to keep up its defense of the franc cap after almost doubling its currency holdings to shield the country from the fallout caused by the euro zone's crisis.
Photographer: Valentin Flauraud
Updated on

Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.

Switzerland’s central bank is once again challenging the forces of gravity in the foreign exchange market.