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SNB Keeps Cool as Franc Surges to 2015 Highs: Decision Guide

  • Interest-rate decision due at 9:30 a.m. Zurich time on Dec. 16
  • Claim that franc is ‘highly valued’ is starting to wear thin
Thomas Jordan
Thomas JordanPhotographer: Stefan Wermuth/Bloomberg

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The Swiss National Bank’s long-standing claim that the franc is “highly valued” is looking harder to justify as officials watch it strengthen to within striking distance of parity with the euro.