Switzerland's
National Bank (SNB) will bring in a negative interest rate cutting the value of
large sums of money left on deposit in the country.
The
Bank is imposing a rate of minus 0.25% on "sight deposits" - a form
of instant access account - of more than 10m Swiss francs ($9.77m).
It
is trying to lower the value of the Swiss franc, which has risen recently.
Russia's
market meltdown and a dramatic plunge in the oil price have led investors to
