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globalreutersDecember 12, 20241 Mins read
USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps
globalreutersDecember 12, 20241 Mins read The USD/CHF pair surges to a fresh two-week high near 0.8900 as Swiss France (CHF) dives after the Swiss National Bank (SNB) surprisingly reduces its key borrowing rates by 50 basis points (bps) to 0.5%.
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