Swiss franc peg

[NotAllThere]

Fortunately, I managed to pay for my new kitchen from Germany the day before the pegging.

[centurian]

"Speculation was mounting that he may have been caught out after the Swiss Central Bank unexpectedly devalued the franc last week, producing mammoth losses on one of his currency trades.

So the Swiss central bank steps in to help out Swiss companies - triggering a $2bn loss at one of its largest

[AtW]

So the Swiss central bank steps in to help out Swiss companies - triggering a $2bn loss at one of its largest

Swiss company should not have spekulated against Swiss currency ...

Perhaps there should be a simple code of conduct for banks - don't engage in bets against country where they are present...