More upward pressure on CHF after Greek vote – Swiss Economic Minister

FXStreet (Mumbai) - Swiss Economic minister Schneider-Ammann speaking in an interview with Le Temps stated that an upward pressure on the Swiss Franc increased after the Greek vote.

The economic minister added that the Swiss National Bank (SNB) could reassess the situation (intervene FX markets). The Greek referendum on Sunday, which resulted in a stunning majority of a ‘No’ vote, has increased the possibility of a risk averse - Grexit event.