SNB’s Zurbruegg commented on the economy and monetary policy

FXStreet — The SNB member Zurbruegg spoke at a conference for the presentation of the new 20 franc Note, as reported by Reuters.

He gave no comment on the economy or monetary policy.

Important Points:

• We have a very low fake rate

• The fact that cash is still very much in demand remains

• Using the 1000 CHF note, went back to come after it with the introduction of negative interest rates, a slight increase was

** FXStreet News Editorial, FXStreet**

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