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The worsening crisis in the eurozone, compounded by the rating agency downgrade of the US, had already led to the kind of risk sell-off not seen since October 2008. But so desperate became the search for a safe haven, that the seemingly unstoppable rise of the Swiss franc forced authorities there to peg the currency to the euro, in a shock move on September 6 that wiped off nearly 9% from the franc in 15 minutes. But does central bank
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