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News
Huge Shortage of Employees Predicted Till 2025

Huge Shortage of Employees Predicted Till 2025

January 18, 2022

Experts predict huge shortage of employees in Switzerland until 2025 due to retirement of many workers and very strong economy.

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SNB Predicts Profit of CHF 26 Billion for 2021

SNB Predicts Profit of CHF 26 Billion for 2021

January 12, 2022

The Swiss National Bank predicts a profit of CHF 26 billion for 2021, made mostly from ever-growing holdings in foreign currency. The SNB’s policy is also causing the country’s trade surplus.

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CHF Exchange Rate Remains Stable After Good Run Before Holidays

CHF Exchange Rate Remains Stable After Good Run Before Holidays

December 28, 2021

The Swiss franc had some good exchange rate before Christmas, but now the currency remains stable, trading around 1.04 versus euro and 0,92 versus USD.

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EUR/CHF Exchange Rate Back to 1.04 After SNB Kept Its Policy Unchanged

EUR/CHF Exchange Rate Back to 1.04 After SNB Kept Its Policy Unchanged

December 22, 2021

EUR/CHF is back to 1.04 exchange rate, after some turbulent days with one of lowest rates in years.

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Successful Digital Currency Trial Run by Central Banks of France and Switzerland

Successful Digital Currency Trial Run by Central Banks of France and Switzerland

December 08, 2021

The Bank of France and the Swiss National Bank successfully conducted a trial of foreign exchange rate transactions with digital currencies.

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