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More from SNBs Schlegel: Last week we did not rule out further interest rate cuts

Have respect for all exporters, I know the strong Frank makes situation difficult for them.The main problem first was exporters is the lower demand abroad.Last week we did not rule out further interest rate cuts.Cannot rule out any measures, but nobody likes negative interest rates.

This article was written by Greg Michalowski at www.forexlive.com.

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