NEWS
EUR Exchange Rate Near Lowest Level of 2021 against CHF
12 October 2021The euro was close to the lowest level of 2021 in exchange rate versus the Swiss franc, as it went down by total 2% since mid-September.
SNB Resumed Interventions in Q2 to Lower CHF Exchange Rate
22 September 2021Data showed that Swiss reserve assets went up to 8.9 billion Swiss francs in Q2 which means moderate interventions on the foreign exchange rate market were conducted by the SNB.
Jarvis Network and Swiss Fintech Mt Pelerin Launched CHF Stablecoin
26 August 2021A decentralized finance project Jarvis Network and Swiss crypto fintech company Mt Pelerin have launched together new stable coins: jCHF, jEUR, JGBP.
Appetite For CHF and Safe-Haven Currencies
17 August 2021CHF exchange rate was steady on Tuesday as investors have appetite now for safe-haven assets, instead of riskier ones.
Record Shortfall of Switzerland’s Budget for 2021
13 August 2021Switzerland’s budget will post a record shortfall of CHF17.4 billion ($18.9 billion) this year, as early data shows. Last year, there was a deficit of CHF14.2 billion.
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