SWISS CENTRAL BANK SNB RAISES POLICY RATE BY 50BPS TO 1.5%; ES | IIFL HDFC Securities Trading

SWISS CENTRAL BANK SNB RAISES POLICY RATE BY 50BPS TO 1.5%; EST. 1.50% - BBG

*SNB CAN'T EXCLUDE MORE RATE HIKES IN FORESEEABLE FUTURE

*SNB SAYS PREPARED TO INTERVENE IN CURRENCY-MARKETS IF NEEDED