3 January 2002, 11:26  SNB's Roth says launch of euro will not push Swiss interest rates higher

ZURICH (AFX) - Swiss National Bank (SNB) president Jean Pierre Roth said he does not expects the launch of euro notes and coins to push interest rates in Switzerland higher, Swiss daily Blick reported. Speaking in an interview with the newspaper, Roth said the physical introduction of the euro will hardly have an impact on its exchange rate versus the Swiss franc. Switzerland is already following in the wake of the European Central Bank, Roth said, adding a strengthening of the euro will further increase this tendency.

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