Franc: down on a ladder, leading up

The Swiss franc depreciated in June to 0,91 for dollar — the lowest level in two months. Inflation delay in the country reduced expectations of further toughening of policy National bank Switzerland. Consumer prices to Switzerland grew by 2,2% in annual calculation in May — it is the minimum indicator in 15 months, and it is much lower than expectations of Central bank Russian Federation (Bank Russia). Besides, basic inflation was slowed down to 1,9%, having fallen below the top limit of ShNB to 2% for the first time in 11 months. Though these data strengthened the "pigeon" forecast for ShNB, politicians consider that the current interest rate...