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Swiss Franc Tumbles Against US Dollar Amid SNB Rate Outlook

Guavy AI Editorial Team
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The Swiss Franc (CHF) weakened against the US Dollar (USD) on Monday, climbing to its highest level since June 2025. Bloomberg reported that the Swiss National Bank (SNB) may keep its policy rate at zero until the end of 2027.

The SNB later declined to comment on the report. The pair trades around 0.8187, extending its gains for a sixth consecutive day.

Swiss inflation remains subdued and within the SNB's target range. However, elevated oil prices since the US-Iran war began have increased near-term inflation risks.

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