NEWS
SNB Leaves Negative Territory of Interest Rates
28 September 2022Interest rates in Switzerland were raised by 75 basis points, leaving negative territory – the SNB was the last bank in Europe to raise rates from negative to positive.
SNB: Good Exchange Rate of CHF Helps Swiss Economy
08 September 2022Chairman of Swiss National Bank, Thomas Jordan, has stated that the appreciation of Swiss franc is rather helping the country’s economy than hurting it, as Reuters reports.
EUR/CHF Continues Below Parity
13 July 2022EUR/CHF exchange rate plunged last week below parity for the first time since 2015, when the peg was removed.
EUR/CHF Below Parity
La baisse des dépôts à vue signifie que la BNS d'état a réduit ses interventions sur le FX.
28 June 2022Les données montrent que les dépôts à vue de la BNS ont diminué, ce qui signifie que la banque est sur le point de mettre fin à sa campagne d'achats influençant le taux de change du franc suisse.
The European Central Bank has decided not to raise interest rates.
14 April 2022High inflation in the European Union, fears of inflation and the economic fallout from the Ukraine war have fueled speculation about interest rate hikes. The European Central Bank has now decided to leave interest rates at zero percent. In the USA and Great Britain, the key interest rate has already been raised by the central banks.