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- SNB’s Maechler: Tension on financial markets has markedly increased after the SVB collapse
SNB’s Maechler: Tension on financial markets has markedly increased after the SVB collapse
Swiss National Bank governing board member Andrea Maechler said on Thursday, “tension on the financial markets has markedly increased following the collapse of Silicon Valley Bank.”
"US dollar liquidity is particularly sought after," added Maechler, in remarks prepared after the SNB’s 50 bps rate hike decision.
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