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Posts Tagged ‘SNB’

Swiss SNB cancels EUR floor – Euro drops!

Euro_crackingIt was a hefty reaction today at the stock echanges worldwide and
even currency exchange markets had a big shock when the Swiss
National Bank declared to drop the Euro floor. From the magic
1.20 CHF line, the Euro noted at lowermost 0.82 CHF.

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January 15, 2015Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News
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Swiss National Bank did it again!

So… the Swiss National Bank finally thought, we’d start a new round to fight
the strong Swiss Franc! Today at 10:00 a.m. local time, the SNB set the
minimum reference value EUR-CHF to 1.20 – and is willing to keep that goal
by buying foreign currencies with no limit!

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September 6, 2011Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News
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