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News
Swiss Franc
Swiss Franc News
Swiss central bank
27 Feb 2017
Cash no longer king? Swiss National Bank begs to differ
The Swiss central bank sought on Monday to allay fears among citizens that bank notes could eventually be phased out as a result of global money-laundering rules or the rise of alternative payment systems.
Switzerland
05 Jun 2016
People of this country overwhelmingly reject 'free money' plan
Swiss voters rejected by a wide margin on Sunday a proposal to introduce a guaranteed basic income for everyone living in the wealthy country after an uneasy debate about the future of work at a time of increasing automation.
China
09 Nov 2015
China to start direct trading between Yuan and Swiss Franc
The move will lower trading costs for China and Switzerland.
Greece
29 Jun 2015
Swiss bank acts to halt franc rise as investors seek refuge in Greek crisis
Switzerland`s central bank was forced Monday to intervene "in order to stabilise the markets," which have tumbled over Greece`s escalating crisis, the bank`s chief Thomas Jordan said.
Switzerland
19 Jun 2015
Switzerland may tighten anti-money laundering rules
Switzerland may tighten its anti-money laundering laws after a report by a government-appointed group found the country was still subject to financial crime.
Swiss Franc
23 Feb 2015
Global stocks rise, safe-haven Swiss franc falls on Greek deal
Shares rose and the safe-haven Swiss franc fell against the euro on Monday after Greece reached a conditional deal with its international partners to avert an immediate financial crisis.
stocks market
05 Feb 2015
Global stocks gain as oil rises; euro up Vs Swiss franc
Stock markets around the world mostly rose on Thursday as crude oil rebounded, although caution remained following the European Central Bank`s surprise decision to strike Greek bonds off its list of accepted collateral.
WEF Davos 2015
20 Jan 2015
It's a costlier Davos for world's rich & powerful at WEF meet
As the rich and powerful from across the world began descending on this Alpine resort town today, they are finding everything costlier -- thanks to an unprecedented rally in local currency Swiss franc's valuation.
Swiss Franc
17 Jan 2015
Swiss franc surge rocks currency brokers, burns banks
The surprise surge in the Swiss franc left currency brokers and banks worldwide licking their wounds on Friday, with at least two brokers declaring insolvency and others warning of heavy losses.
Asian stocks
16 Jan 2015
Asia shares wobble; Swiss move heightens volatility
MSCI`s broadest index of Asia-Pacific shares outside Japan edged down about 0.1 percent in early trade.
Euro
16 Jan 2015
Euro slips against franc, equities fall after shock Swiss move
The euro sank almost two percent against the Swiss franc on Friday and Asian markets tumbled as traders were left stunned by Switzerland`s shock decision to remove its currency peg to the euro.
Switzerland
15 Jan 2015
Switzerland scraps euro rate cap, franc soars
The SNB had been defending the exchange rate floor since September 2011.
Swiss central bank
18 Sep 2014
Swiss central bank lowers growth outlook, holds key rate
The Swiss National Bank (SNB) maintained its target range for the franc`s three-month London interbank offered rate, known as the Libor rate, at between 0.0 and 0.25 percent.
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