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Swiss franc peg has been discontinued

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Question

Suppose it's January 30, 2015, two weeks after the Swiss National Bank's announcement that the Swiss Franc's peg has been discontinued.

1. Why was the peg put in place?

2. Why has it been discontinued?

3. What is (are) the problem(s) that the Swatch group now faces?

Reference no: EM133392841

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