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SNB to Show Its Resolve on Franc Strength Amid Safe-Haven Demand

economic
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03/18/2026, 06:26 PM
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SNB to Show Its Resolve on Franc Strength Amid Safe-Haven Demand
The Swiss National Bank faces growing pressure to curb investor demand for the franc as a safe haven amid the Iran war ahead of Thursday's decision. The bank is expected to keep interest rates at zero percent, but officials appear ready to intensify their rhetoric on currency intervention to prevent further appreciation. The Swiss franc has become Europe's strongest major currency against the dollar this year, threatening inflation and exporters.