Swissie peg destabilising

Name: Swissie peg destabilising
Uploaded: 2011-09-06T10:55:32.814Z
Duration: 2 min 53 s
Channel: Financial Times
Description: Lex on risks of Swiss franc's forced devaluation

The Swiss franc fell more than 9 per cent against the euro after the Swiss National Bank said it would use "unlimited" funds to defend the SFr1.20 exchange rate . Lex's Luke Templeman and Edward Hadas discuss whether such unilateral action is wise for Switzerland or the global economy.

September 6, 2011

Produced by Darryl Thomson. Filmed by Rod Fitzgerald.