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SNB to keep lid on franc, sees weaker end to year


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Swiss National Bank SNB Chairman Thomas Jordan speaks to media during a year end news conference in Bern December 13, 2012. The Swiss National Bank stressed its determination on Thursday to keep a lid on the franc at 1.20 per euro, saying the fragility of the global economy would support demand for the safe-haven currency, making new interventions possible. REUTERS/Ruben Sprich