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It's the rate on bank-to-bank borrowing (basically, the rate banks pay to borrow money from the central bank). But also the franc is like gold - people move the
by comrade1 12y ago
It's the rate on bank-to-bank borrowing (basically, the rate banks pay to borrow money from the central bank). But also the franc is like gold - people move their money to the franc for stability and so there's always external demand.