Swiss Central Bank Chief Resigns Amid Currency Deal Controversy 🇨🇭

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