Swiss franc’s free flight
The Swiss National Bank announced the discontinuation of minimum exchange rate of CHF to Euro, which until today used to be fixed at 1:1,2.
The message says that this measure was extraordinary and implemented due to the economic challenges. Although, there are no real threats for Swiss economy for now, and thus this special measure may be cancelled.
The SNB declared as well the lowering of the interest rate for balances held on termless deposit accounts to –0.75% from 22 January.
Source:
http://www.snb.ch/en/mmr/speeches/id/ref_20150115_tjn/source/ref_20150115_tjn.en.pdf
Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: +44 203 608 22 48
E-mail us: london@hbcomp.co.uk
04/25/2024 15:20:00
Finland is tightening up the acquisition of citizenship
The Government of the country has approved a number of amendments t ...
04/23/2024 15:21:00
The 15 most expensive cities in the world to build
Economists at the Arcadis consulting company compared construction ...
04/18/2024 15:07:00
Portugal - new plan until 2028
Portugal has approved a Government action plan for the period up to ...