Back

SNG likely to leave rates unchanged through 2016 – Reuters Poll

FXStreet (Mumbai) - The latest Reuters poll of 34 economists published today shows 33 economists expect the Swiss National Bank (SNB) to keep rates on hold at the September 17 meeting with the target range for 3 months Swiss LIBOR still -0.25 to -1.25%.

The poll suggests the SNB is likely to leave rates unchanged until the end of next year. The recent weakness in the CHF has reduced pressure on the ECB to act, says the poll.

GBP/USD pressured on weak fundamentals, dips to 1.5420

The British pound remains in the red versus the US dollar in the European morning, with GBP/USD miring near fresh session lows.
আরও পড়ুন Previous

CBR keeps rates unchanged

The Russian central bank (CBR) has decided to leave its benchmark rate intact at 11.0% at today’s meeting. The CBR justified its decision in the increasing risks of higher inflation and the likeliness of the economic activity slowing its pace...
আরও পড়ুন Next