Switzerland to sign trade deal with UK for post-Brexit era17 December 2018
Switzerland and United Kingdom agreed on a draft of the new agreement on trade and economic relations between two countries for post-Brexit times. On Friday, December 15th, the Swiss government announced the text of agreement has been signed off.
European Central Bank cuts forecast, euro exchange rate gets affected14 December 2018
The European Central Bank decreased its forecast for economic growth and inflation, whereas the Swiss National Bank cut its inflation outlook. The decision of ECB, together with some harsh comments of its president, pushed the euro’s exchange rate lower on Friday morning.
Data on wages in Switzerland unveiled: pharma takes the lead06 December 2018
Recently published data on the executive salaries revealed that bankers are no longer the best earning top employees in the country. The pharmaceutical industry has taken over the lead. Also, median wages for all kind of employees in Zurich has been unveiled.
WE CHANGED THE BANK02 December 2018
We have moved our bank accounts from BCGE to ZKB!
ExchangeMarket.ch is changing the bank accounts from December 1st 2018. We will be requesting our customers to make the bank transfers to our new bank accounts at Zürcher Kantonalbank from this date on.
Euro exchange rate slips as Euro Zone economy slows down27 November 2018
The Euro has fell down against the US dollar, losing its earlier gains. It was due to the comments of Mario Draghi, the head of European Central Bank, that informed the Euro Zone economy growth is slowing down.