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Swiss respond to removal from US currency manipulation list

Summary by Ground News
Switzerland had run into trouble with the US after the SNB's massive purchase of foreign currencies. The SNB has since changed course, allowing the franc to weaken as a tool to dampen imported inflation. The Treasury had found that Switzerland had exceeded all three thresholds for possible manipulation, but refrained from branding it a manipulator.

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SWI swissinfo.ch broke the news in Bern, Switzerland on Wednesday, November 8, 2023.
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