NEWS

Euro exchange rate rose on Friday for the second day in a row, after the European Central Bank’s press conference on Thursday. Exchange rate of EUR/CHF also went up.

Survey made on 18,000 companies show that labour market in Switzerland might be recovering faster after the pandemic than previously expected.

As data for the second quarter shows, Switzerland’s economy was less impacted by coronavirus lockdown than in neighbouring countries.

After breaking 1.20 dollar threshold for first time since 2018, and recording the highest level in 28 months, euro’s exchange rate retreated a bit on Tuesday.

Swiss will decide on September 27th whether to scrap a labour deal with the European Union or not, as right-wing part took initiative yet again to restrict immigrants’ access to the country.