AMMAN: The chairman of the Swiss National Bank (SNB) told Swiss radio the SNB is prepared to intervene in foreign exchange markets but declined to say whether or not it has done so since ending its currency cap against the euro last month.
“We are observing the exchange rate situation as a whole,” Thomas Jordan told Swiss radio station SRF in an interview broadcast. “If necessary we are active but as I said we do not speak about our transactions.
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