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globalreutersDecember 12, 20241 Mins read
Breaking: SNB surprises with a 50 bps cut to Sight Deposit Rate
globalreutersDecember 12, 20241 Mins read Following Thursday’s quarterly monetary policy assessment, the Swiss National Bank (SNB) cut the benchmark Sight Deposit Rate by 50 basis points (bps) to 0.50% from 1.00%.
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