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As expected, the Swiss National Bank kept its rate on sight deposits at -0.75 percent and the target range for the three-month Libor between -1.25 percent and -0.25 percent.
After the announcement, the franc dropped against its major rivals.
The franc was trading at 1.1675 against the euro, 1.3253 against the pound, 0.9865 against the greenback and 114.31 against the yen around 3:34 am ET.
