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The Swiss National Bank (SNB) President Thomas Jordan said in an interview with Swiss newspaper Handelszeitung on Thursday that the central bank closely monitors the exchange rate of the Swiss currency.
"Our monetary policy is clear. It is based on two pillars: the negative interest rates and the willingness to intervene in the currency market if necessary," he said.
Jordan added that there was no limit to how much the central bank could increase its balance sheet.
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