Tuesday, 10 January 2012
Switzerland's central bank chief resigns
The Swiss National Bank chairman has resigned abruptly, bowing to a public uproar over his private currency deals. Philipp Hildebrand's decision comes just as a Swiss parliamentary committee is preparing to grill him behind closed doors.
His resignation took effect immediately on Monday, Switzerland's central bank said in a brief statement.
Al Jazeera's Nadim Baba reports.
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