Faced with Brexit, Swiss central bank vows 'flexibility'

Switzerland's central bank will react with "flexibility" to the shifting economic realities following Britain's vote to leave the European Union, its chief said in a newspaper interview published Sunday.
"The question for Switzerland is to figure out how to adapt in an optimal way," central bank chief Thomas Jordan told the Le Matin Dimanche weekly, adding that it was "a bit premature to speak about risks and opportunities."
The move was aimed at stabilising the strengthening Swiss franc, as investors fled from the tumbling pound to Switzerland's safe haven currency. Jordan told Le Matin Dimanche that he and his staff had pulled an all-nighter that night, checking the exchange rates every 15 minutes.