Sign of the times as Swiss buy euros, not dollars
Microsoft News
Sign of the times as Swiss buy euros, not dollars
The Swiss National Bank is significantly shifting its currency preference from the dollar to the euro in its reserve management. This move, driven by efforts to combat franc strength and avoid U.S. accusations of currency manipulation amid trade tensions, saw recent interventions heavily focused on euro purchases.
1 month ago
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Suppose the exchange rate for the Swiss franc is quoted as SF 1... | Filo
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