NEWS
Unemployment Rate Down in Switzerland in 2022
17 January 2023In 2022 the unemployment rate in Switzerland went down to 2.2%, the lowest reading in 20 years, as per official statistics.
CHF Exchange Rate Off to a Good Start in 2023
12 January 2023Swiss franc turned out to early outperformer of 2023 after it start a year with good exchange rate versus euro, US dollar or British pound.
Swiss National Bank Plans Further Interest Rates, Forex Sales
04 January 2023After the SNB raised interest rates by 50 bp in December, further raises are expected. In recent months the bank has also been active on forex market.
Swiss Inflation Was Probably Still at 3% in Nov
29 November 2022Inflation in November probably stayed at 3% level, above the SNB’s target, which supports the case for another hike of interest rates.
CHF Expected to Weaken in 2023
23 November 2022CHF exchange rate has remained strong recently due to very confident comments on policy. But economists believe that next year Swiss franc exchange rate will weaken.CHF exchange rate has remained strong recently due to very confident comments on policy. But economists believe that next year Swiss franc exchange rate will weaken.