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> Where did you get the idea that it's just a currency policy? Not just, but it is. E.g. Switzerland has actively tried for years to peg 1.20 CHF to 1 EUR, to
by Double_a_92 7y ago
> Where did you get the idea that it's just a currency policy?
Not just, but it is.
E.g. Switzerland has actively tried for years to peg 1.20 CHF to 1 EUR, to ensure that exports would not be hurt by a strong CHF. ... Until it suddenly didn't anymore.
- repolfx 7y agoVery, very likely it's still secretly pegged. CHF:EUR is extremely stable although not much that was driving its appreciation fundamentally changed .