CHF a safe haven due to Greek crisis – SNB’s Jordan

FXStreet (Mumbai) – The Swiss National Bank chief Jordan, in his press conference on Thursday, acknowledged the fact that the Swiss Franc is a preferred safe haven currency due to the ongoing Greek crisis.

Jordan said the bank will maintain current rates and monitor the effects and believes the current monetary policy will serve Swiss long-term interests. The bank forecasts assume three month Libor of -0.75% and weaker CHF.

The Swiss National Bank chief Jordan, in his press conference on Thursday, acknowledged the fact that the Swiss Franc is a preferred safe haven currency due to the ongoing Greek crisis.

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