9262
Withstanding Franc Cap Abolition
World Economy

Withstanding Franc Cap Abolition

Switzerland should be able to withstand the abolition of the cap on the franc, the finance minister said in interviews published on Sunday, referring to the central bank’s shock U-turn that sent the franc nearly 30% higher against the euro, Reuters reported. “If the exchange rate stays above 1.10 Swiss francs per euro, companies should be able to adjust,” Finance Minister Eveline Widmer-Schlumpf said.

Short URL : http://goo.gl/j5H2bC

You can also read ...

Members discuss policies, regulation and flexibility to  help improve infrastructure.
Experts from APEC member economies spoke about the need to...
Romania leads the pack in economic growth. The picture shows tires being inspected during production  at the Continental plant in Timisoara.
Economies in most of the European Union’s eastern wing...
South Korea Business Groups’ Investment Rises 28%
South Korea’s top 30 conglomerates increased their investment...
China Eyes SE Asia Investments
Companies from the world’s second-biggest economy are...
Project awards in Bahrain plunged 84%.
Contracts awarded to build economic projects in the Persian...
Infosys is Asia’s No.2 software services developer.
Infosys Ltd. approved a 130 billion rupees ($2 billion) share...
Australia Economy Grows  With Strong Jobs Report
The strength of the Australian economy has been impressive of...
Qatar Tells Banks to Seek Overseas Funding
Qatar is telling its banks to tap international investors to...

Trending

Googleplus