The expiration date for old banknotes is approaching07 April 2017
To all who still have old banknotes from the seventies: The deadline is approaching after which the bills lose their value and can no longer be exchanged into new banknotes.
The increase in the US interest rate had no mayor effect on the euro / franc exchange rate.15 March 2017
According to expectations, the Federal Reserve - Fed has raised the benchmark interest rate by 0.25%. Investors have already expected this decision in advance and have only moderately reacted.
Number of cross-border commuters rises again27 February 2017
The number of cross-border commuters rises from just over 300,000 to almost 320,000 and reaches a new record level.
UBS is forecasting a euro / Swiss franc rate of 1.15 and above.24 February 2017
Considering a probability of 75%, UBS is assuming that this year the EUR / CHF will recover to at least 1.15. This would be a very positive development for the Swiss export industry.
Communication on currency purchases of the SNB13 February 2017
Sight deposits from the Confederation and banks point out that the SNB intervened last week on the foreign exchange market to stop a further appreciation of the Swiss franc.