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The move, given a subsequent influx of foreign money, will certainly buff up the Swiss foreign currency reserves. It wouldn't likely work were the weight of the SF in total currencies the size of the Euro, US$, JPY or Yuan.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Jan 19th, 2015 at 12:37:56 AM EST
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