NEWS
SNB Should Stick to Policy, Says OECD
21 January 2022The Swiss National Bank should not change its monetary policy until Switzerland fully recovers from the pandemic, claims the Organisation for Economic Cooperation and Development (OECD).
Huge Shortage of Employees Predicted Till 2025
18 January 2022Experts predict huge shortage of employees in Switzerland until 2025 due to retirement of many workers and very strong economy.
SNB Predicts Profit of CHF 26 Billion for 2021
12 January 2022The 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.
CHF Exchange Rate Remains Stable After Good Run Before Holidays
28 December 2021The 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.
EUR/CHF Exchange Rate Back to 1.04 After SNB Kept Its Policy Unchanged
22 December 2021EUR/CHF is back to 1.04 exchange rate, after some turbulent days with one of lowest rates in years.