In Switzerland as a small open economy, the exchange rate is central to the economy, inflation and monetary policy. The Swiss National Bank’s (SNB) foreign exchange interventions gained importance only after the global financial crisis when interest rates reached the zero lower bound. In his lecture, Martin Schlegel gives an overview on the role of foreign exchange interventions in SNB’s monetary policy and how they have contributed to achieve price stability in the past fifteen years.
The entrance is free, no registration needed
Organised by the CIMB.
