* Low interest rates pose risks for financial stability
* Also put price stability at risk
* Sees no reason to exit ultra-loose strategy yet
(Adds new comment from Jordan)
By Katie Reid and Albert Schmieder
ZURICH, Nov 10 (Reuters) - The Swiss National Bank sees no reason to exit its ultra-loose monetary policy at the moment, board member Thomas Jordan said, despite cautioning historically low interest rates pose risks to stability in the mid-term.
"We are following the same monetary policy as before and there is no reason to change this," Jordan told journalists on Tuesday.
Speaking earlier at a real estate congress in Zurich, Jordan said the SNB was aware historically low interest rates contained risks for both financial and price stability in the medium-term.
Another speech Jordan is due to give on Thursday may offer more clues as to the direction of the SNB's monetary policy ahead of its next policy-setting meeting on Dec. 10.
The SNB took a number of extraordinary measures to soften the impact of the worst economic downturn in decades on the Swiss economy, which is particularly vulnerable to weaker demand from abroad due to its dependence on exports.
The central bank cut its target for the 3-month Swiss franc LIBOR to 0.25 percent, offering cash in its daily operations at rates close to zero and bought corporate Swiss franc bonds.
It also intervened on the foreign exchange markets to stop the Swiss franc rising against the euro as it sought to fight deflation.
In addition it set up a fund, or StabFund, around a year
ago, which allowed the country's beleaguered bank UBS
Jordan said in the speech the market for securitised instruments had improved, but many risks still remained and the environment for the assets in the StabFund was still challenging.