EUR Exchange Rate Near Lowest Level of 2021 against CHF12 October 2021
The euro was close to the lowest level of 2021 in exchange rate versus the Swiss franc, as it went down by total 2% since mid-September.
SNB Resumed Interventions in Q2 to Lower CHF Exchange Rate22 September 2021
Data showed that Swiss reserve assets went up to 8.9 billion Swiss francs in Q2 which means moderate interventions on the foreign exchange rate market were conducted by the SNB.
Jarvis Network and Swiss Fintech Mt Pelerin Launched CHF Stablecoin26 August 2021
A decentralized finance project Jarvis Network and Swiss crypto fintech company Mt Pelerin have launched together new stable coins: jCHF, jEUR, JGBP.
Appetite For CHF and Safe-Haven Currencies17 August 2021
CHF exchange rate was steady on Tuesday as investors have appetite now for safe-haven assets, instead of riskier ones.
Record Shortfall of Switzerland’s Budget for 202113 August 2021
Switzerland’s budget will post a record shortfall of CHF17.4 billion ($18.9 billion) this year, as early data shows. Last year, there was a deficit of CHF14.2 billion.