Swiss National Bank works with government to counter coronavirus slowdown
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ZURICH (Reuters) - The Swiss National Bank said it was working closely with the government to cushion the economic impact of the coronavirus epidemic while intervening heavily on currency markets to slow the appreciation of the safe-haven Swiss franc.The outlook for the Swiss economy had worsened considerably with the franc becoming "even more highly valued", the SNB said on Thursday as it kept its ultra-expansive monetary policy in place.The SNB kept its policy rate at -0.75% and also..