Pages

Subscribe:

Thursday, August 18, 2011

The Swiss franc strengthens again, while the stock markets collapse

Forex News

The Swiss franc strengthened again against other currencies Thursday, endorsing its role as a safe haven, while the stock market ...

The Swiss franc strengthened again against other currencies Thursday, endorsing its role as a safe haven, while world stock markets collapse.

At 4:20 p.m., the Swiss franc traded at 1.1263 per euro, an increase of 1.19%, while the morning he was down against the euro.

The Swiss franc and away from the threshold of 1.20 CHF for 1 euro, undeclared purpose of the Swiss National Bank, which tries to fight against the high cost of its currency.

Against the dollar, the Swiss franc was up 0.33% to 0.7876 CHF for 1 dollar.

0 comments:

Post a Comment