The Currency Converter

Swiss Franc Exchange Rate News

November 23rd, 2010

In a day where international investors were once again spooked about sovereign debt default in the peripheral euro zone countries, the Swiss franc was again sought after for its ‘safe haven’ status rising across the board. The Swiss National Bank has repeatedly intervened this year in the international markets to stem the rise of the CHF to no avail as repeated worldwide economic worries have simply burnished the status of the Swiss franc with no respite in sight.

Written by Tony Redondo

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