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Subscriber OnlyMarketsSwiss Franc Rally Shows Traders See It as Key Stagflation HedgeCurrency rises to strongest since late 2015 against the yenSNB strict inflation mandate could mean less need to interveneByVassilis Karamanis+FollowOctober 14, 2021, 7:26 AM UTCWant the lowdown on European markets? In your inbox before the open, every day. Sign up here.Currency traders are responding to stagflation risks by turning to the Swiss franc.