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1·But the SNB can create francs without limit if it wants to.

然而瑞士国家银行可以毫无限制随心所欲地发行法郎。

2·So the SNB faces an uphill battle to curb the Swiss franc's appreciation.

因此，瑞士央行打响的遏制瑞士法郎升势的战役将越来越艰难。

3·The Swiss National Bank (SNB) intervened to try to drive down the franc in 2009.

2009年，瑞士中央银行(SNB)干涉试图压低法郎。

4·The SNB kept rates on hold and noted weaker growth due to strong franc gains.

瑞士央行维持利率，并指出瑞郎走强导致经济受挫。

5·The SNB is seeking measures that will strengthen its position as financial regulator.

瑞士国家银行正寻求措施来巩固其作为金融监管机构的地位。

6·The SNB, on the other hand, is likely to start hiking rates in the second half of 2010.

瑞士央行却可能从今年下半年起就开始加息。

7·Mr Roth rejected analysts' comments that the SNB had ushered in “beggar-thy- neighbour” policies.

有分析师评论说，瑞士央行率先采取了“以邻为壑”的政策，罗斯对此不予接受。

8·The other noteworthy event, will be the SNB who is due to publish their quarterly bulletin.

另一个值得注意的事项将是瑞士央行将公布季报。

9·Rarely have they acted as aggressively as the Swiss National Bank (SNB) did on September 6th.

瑞士国家银行在9月6日采取的激进行为却是央行中少见的。

10·But the GDP data puts in doubt an immediate rate hike from the SNB when it meets on June 16.

不过，GDP数据令瑞士央行6月16日会议马上加息的前景蒙上阴影。