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		</div><p>Switzerland&#8217;s central bank has said it has intervened in currency markets after the Swiss franc came &#8220;under upward pressure&#8221; after the UK voted to leave the European Union.</p>
<p>The Swiss National Bank (SNB) said in a statement that it intervened in the foreign exchange market to &#8220;stabilise the situation&#8221; and will &#8220;remain active in that market&#8221;.</p>
<p>The UK&#8217;s referendum vote to leave the EU has caused turmoil in financial markets, driving many stock markets lower and leaving currency exchanges reeling.</p>
<p>Joe Rundle, head of trading at ETX Capital, said in a note that the SNB move was aimed to &#8220;keep a lid on the franc after a flight to safety following the Brexit vote&#8221;.</p>
<p>He said many central banks &#8220;could be forced into taking drastic action to stem outflows&#8221;.</p>
<p>Meanwhile, the European Central Bank (ECB) said it is &#8220;closely monitoring financial markets&#8221; in the wake of the Brexit vote.</p>
<p>The chief monetary authority for the 19 countries that use the euro said that it &#8220;stands ready&#8221; to provide additional credit to financial institutions if they need it to do business.</p>
<p>It also said it was staying in close contact with other central banks.</p>
<p>Otherwise the ECB did not immediately announce any new measures. The bank already provides short-term cheap credit to banks in any amount at regular intervals, and has pumped more cash into the system through a bond purchase programme aimed at raising inflation.</p>
<p>The EU referendum vote has led to sharp falls in stocks and the British pound</p>
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