EUR CHF exchange rate with strongest growth since mid-2017
June 05, 2020On Friday EUR exchange rate has gained again after the European Central Bank’s decision to increase size of its emergency purchase program due to the pandemic lockdown, made on Thursday.
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Switzerland to Ease Restrictions as Pandemic Gets Close to End
June 01, 2020Restrictions in Switzerland will be vastly eased and on June 19 there will be the end to the emergency situation imposed due to COVID-19 pandemic.
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Swiss Watch Exports Down by 80%
May 28, 2020In April Swiss watch exports figures went down by 80% with sales just at CHF329 million. Exports and imports in all industry suffered due to Covid-19 lockdown, and tourism is expected to take a few years to fully recover.
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Low Euro Franc exchange rate puts SNB under pressure
May 13, 2020The SNB President Thomas Jordan made some comments on Swiss fiscal policy and strong Swiss franc exchange rate, as well as its reference to euro, in a few interviews. He stated that the SNB has no choice but to keep negative interest rates.
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Swiss Buy Lots of Gold in Pandemic
May 08, 2020The coronavirus pandemic has triggered a spike in demand for gold, especially among Swiss, who have always loved this asset and hoard a lot of it.
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