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NEWS
Euro rate reached its lowest level in a long time at 1,076.

Euro rate reached its lowest level in a long time at 1,076.

14 January 2020

This afternoon the euro franc exchange rate broke through the 1,076 barrier, the lowest level in almost 3 years. The strength of the Swiss franc is due to global uncertainty, especially tensions in the Middle East and fear of a new economic crisis. According to experts, the exchange rate will settle in this area in the middle period.

You can find the current euro exchange rate at which you can buy euros at ExchangeMarket.ch/de

SNB to Post Profit of CHF49 Billion for 2019

SNB to Post Profit of CHF49 Billion for 2019

13 January 2020

The Swiss National Bank has informed it expects to close 2019 with an annual profit of CHF49 billion (around $50.29 billion per latest exchange rate), as gains from foreign stocks and bonds purchased have influenced its financial results.

Swiss Unemployment Lowest in 20 Years

Swiss Unemployment Lowest in 20 Years

10 January 2020

In 2019 the unemployment rate in Switzerland fell to 2.3%, hitting the lowest point in almost 20 years, meaning labour market is in good shape despite economic slowdown. Meanwhile, trade unions prepare to defend wages in UE-Switzerland deal.

Safe-Haven Currencies Retreat From Highs

Safe-Haven Currencies Retreat From Highs

07 January 2020

After brief panic on financial markets following rising tensions in the Middle Easter due to US air strike killing Iranian top general, situation is going back to normality, and safe haven currencies retreat from highs.

CHF at Four-Month High as Safe-Haven Assets Surge

CHF at Four-Month High as Safe-Haven Assets Surge

03 January 2020

Safe-haven currencies, including the Swiss franc, the Japanese yen, gold, as well as US Treasuries and oil prices surge on Friday after tensions rose in the Middle East following US air strike in Iraq that killed a major Iranian general.

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