Lower Forecast for Swiss Economy
October 10, 2022The KOF economic institute has lowered economic outlook for Swiss economy, but recession should not last long.
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CHF Exchange Rate Is a Boost for Business
October 07, 2022Recent record-breaking Swiss franc’s exchange rate versus the euro is giving Swiss economy a boost as it battles with inflation
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SNB Leaves Negative Territory of Interest Rates
September 28, 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.
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SNB: Good Exchange Rate of CHF Helps Swiss Economy
September 08, 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.
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EUR/CHF Continues Below Parity
July 13, 2022EUR/CHF exchange rate plunged last week below parity for the first time since 2015, when the peg was removed.
EUR/CHF Below Parity