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November 7, 2012

Swiss forex reserves dip for first time in 8 months

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Switzerland's foreign exchange reserves fell for the first time in eight months in October and price pressures were low, giving its central bank more ammunition to extend its cap on the franc. The Swiss National Bank held 424.38 billion Swiss francs ($ 449.70 billion) compared with 429.48 billion ... FF News: Fundamental

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