Resurgent Swiss franc seems unstoppable

Author (Person)
Series Title
Series Details 8.9.10
Publication Date 08/09/2010
Content Type

Investors are said to regard the currency as the new Deutschmark, marking an important change in sentiment.

The franc’s move in September 2010 took its gains against the euro in 2010 to more than 15%, with demand for the currency underpinned by Switzerland’s robust economic performance, its current account surplus and traditional safe status at times of market turmoil.

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