Saturday, 30 May 2015
British Pound Swiss Franc
|FOREX : GBPCHF|
29 May 15 00:00
19:41 | 29/5/15
ZURICH--Switzerland's economy contracted for the first time in 4 1/2 years in the first quarter as the strength of the Swiss franc hit foreign demand for the country's pharmaceutical and machinery products. Gross domestic product in the three months ... more»
But the regulator, KNF, has asked banks with significant portfolios of Swiss franc-denominated loans to withhold dividends, after a surge in the value of the Swiss currency. more»
00:00 | 25/5/15
The 15% surge in the franc that the Swiss National Bank unleashed when it dropped its cap on the euro-franc exchange rate in January has spurred “belt-tightening” at Richemont, which employs 8 700 people in Switzerland. The company, which makes more ... more»
"KNF upholds its stance that an investor which is leaving Poland has to take responsibility for the Swiss-franc loan portfolio, so that KNF-regulated entities already present in Poland would not be burdened with additional risk," KNF spokesman Lukasz ... more»
17:37 | 8/5/15
For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CHF and closed at 0.9225, rebounding from its previous session losses. more»
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