Ten interesting facts about the Swiss Franc02 December 2016
1. The name "franc" comes from Latin: “Francorum rex”. These words mean King of Francs and were found engraved on old French coins
2. The currency code is CHF. It stands for Confoederatio Helvetica Franc
3. The Swiss Franc is also called Stutz, Stei, Amiese, Frankler, Liber
4. Bank deposits in Swiss francs are subject to negative interest rates since 2014
Interested in the EUR/CHF exchange rate because you want to buy a house abroad?28 November 2016
We have noticed, more and more Swiss are considering to invest in a property outside of Switzerland. Once reserved for the very wealthy, there are many reasons why buying a house abroad is easier than ever before: low interest rates, very favorable prices for real estate in some European countries since the financial crisis, and a Swiss franc standing very strong against the euro
But buying a house behind the border can be a tricky opportunity. There are many aspects you that you need to pay attention to before jumping into signing a contract.We have listed some of the issues you will have to consider...
SEPA payments possible now!21 November 2016
Launching: Payments to neighboring countries!
Addressing the needs and wishes of cross-border workers, we have introduced the possibility to make transfers from/to accounts in euro in Austria, France, Germany, Italy, Lichtenstein and other SEPA* countries.
Check our new website!18 November 2016
No need for much text here :) Here at Exchange Market we are happy to announce the launch of our updated website. We hope that you will like it as much as we do, but most of all that you will find it helpful in providing you with the information you need about our platform.
New functionalities will also follow! If you have any specific questions or suggestions, please use our contact form and let us know.
U.S. Presidential elections cause fluctuations in foreign currency market03 November 2016
U.S. Presidential elections cause fluctuations in foreign currency market The U.S. Presidential elections are rapidly approaching (taking place on November 8th 2016) acting as a strong driving force in foreign currency markets. An increasing probability of Candidate Donald Trump to get elected next Tuesday, as well as the potential shift of the decision on the interest rates raise by the Fed have pushed down the U.S. Dollar exchange rate against all currencies. Uncertainty with regard to what the candidate might do if he gets elected and going forward the independence of the Fed are seen as causes for the late dollar fall reaching its lowest level in the last three weeks...