How the Swiss National Bank managed to weaken the strong franc in the 1970s.
swissinfovideos
2011-08-10
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It isn’t the first time that the strong franc has given the Swiss economy a headache. In the 1970s Switzerland was in a very similar situation, and back then the National Bank managed to lower the value of the currency – but at quite a price: inflation. (SF/swissinfo.ch)
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