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Franc Advances After SNB Decision

As expected, the Swiss National Bank kept its new policy rate unchanged at -0.75 percent. The franc rose against its major counterparts after the decision.

The franc was trading at 108.55 against the yen, 1.1000 against the euro, 1.2419 against the pound and 0.9954 against the greenback around 3:31 am ET.

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