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    Swiss central bank head stands firm

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    euronews (in English)

    by euronews (in English)

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    The chairman of the Swiss central bank has said he will not quit. A defiant Philipp Hildebrand told reporters he saw no reason to resign over a controversial currency trade carried out by his wife. Three weeks before the Swiss National Bank imposed a cap on the safe-haven Swiss franc against the euro, Hildebrand's wife bought 400,000 francs worth of dollars. ... http://www.euronews.net/