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Currency News

Swiss central bank records huge profits after franc slide

22 Mar 2018 05:37swissinfo.ch
The Swiss National Bank (SNB) was less active on the foreign exchange markets last year, acquiring CHF48.2 billion ($50.8 billion) in foreign currency to weaken the franc. more

SNB: Real external value of Swiss franc still at a high level

21 Mar 2018 10:31Action Forex
Initially, the Swiss franc depreciated somewhat against the euro. At times in mid-January, the price of the euro was CHF 1.18, the highest value since the discontinuation of the minimum exchange rate. more

New Swiss franc banknotes to start circulation in August

20 Mar 2018 12:36Xinhua
GENEVA, March 20 (Xinhua) -- The Swiss National Bank (SNB) announced on Tuesday that the new 200 Swiss franc banknotes (CHF 200), the latest in a new series that "showcase Switzerland's scientific expertise", will go into circulation on Aug. 22. more

LVMH adds 5000-Swiss franc Hublot to roster of priciest smartwatches

20 Mar 2018 09:26The Business Times
[ZURICH] After TAG Heuer proved there's demand for a luxury smartwatch, parent company LVMH is testing how much consumers will pay for one. more

Switzerland's new 200-franc note set for August release

19 Mar 2018 07:02The Local Switzerland
The hi-tech banknote with a design showcasing Swiss technology will be unveiled on August 15th and go into circulation a week later, the Swiss National Bank (SNB) said in a statement on Monday. The note - the final design of which is still under wraps ... more

Swiss stocks - Factors to watch on Jan 9

08 Jan 2018 23:37Kitco News
ZURICH, Jan 9 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday. SWISS NATIONAL BANK The central bank is due to release its preliminary results for 2017, with analysts at UBS expecting a record profit of 50 billion ... more

Franc Mixed Ahead Of Swiss Jobless Data

08 Jun 2017 00:42London South East (registration) (blog)
BRUSSELS (Alliance News) - The State Secretariat for Economic Affairs is scheduled to issue Swiss jobless data for May in the pre-European session on Thursday at 1:45 am ET. more

Swiss Franc Recovers Against Most Majors

18 May 2017 03:15London South East (registration) (blog)
The franc recovered to 1.0900 against the euro, 0.9777 against the dollar and 1.2684 against the pound, from its early lows of 1.0928, 0.9823 and 1.2717, respectively. more
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