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The Nexus
SECURITYJun 30 · 07:03 UTCBLOOMBERGBastian Benrath-Wright

SNB Intervened to Halt Rush for Franc at Iran War Outbreak

The Swiss National Bank (SNB) intervened to prevent a surge in demand for the Swiss franc amid the outbreak of war in Iran. The action was taken to stabilize the currency during the conflict.

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