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News

News
SNB Kept Rates Unchanged

SNB Kept Rates Unchanged

September 27, 2023

The Swiss National Bank has ended its run of five consecutive hikes of interest rates last week by deciding to keep rates unchanged this time. They will be at the same level of 1.75%.

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Switzerland’s Economy to Grow Only by 1.% This Year

Switzerland’s Economy to Grow Only by 1.% This Year

September 20, 2023

Switzerland’s economy is expected to grow by 1.3% in 2023, as very good CHF exchange rate puts pressure on export.

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CHF a Top-Performing Currency of 2023

CHF a Top-Performing Currency of 2023

September 14, 2023

Swiss Franc has been one of the top-performing currency in 2023 with its exchange rate up by more than 3% against the euro and the US dollar

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Swiss Economy in Stagnation in Q2

Swiss Economy in Stagnation in Q2

September 04, 2023

Swiss economy has recorded 0% growth in the second quarter of this year.

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Swiss Labour Market Grew in Q2 2023

Swiss Labour Market Grew in Q2 2023

August 30, 2023

Swiss labour market noted growth of 2.2% year on year in the second quarter of this year. But the employment outlook index fell.

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