NEWS
CHF Hit 11-month High Versus Euro
28 October 2021The Swiss franc has hit 11-month high versus the euro and is set for more gains – due to higher inflation and the central bank policy.
Swiss Residents Go to France for Cheaper COVID Tests
19 October 2021There is new popular cross-border activity – Swiss residents go abroad, to France, to make cheaper COVID-19 tests, as these are no longer free in the country.There is new popular cross-border activity – Swiss residents go abroad, to France, to make cheaper COVID-19 tests, as these are no longer free in the country.
EUR Exchange Rate Near Lowest Level of 2021 against CHF
12 October 2021The 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 Rate
22 September 2021Data 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 Stablecoin
26 August 2021A decentralized finance project Jarvis Network and Swiss crypto fintech company Mt Pelerin have launched together new stable coins: jCHF, jEUR, JGBP.