Wednesday 6 November 2024
 
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Swiss National Bank

'Swiss Made' may mean more expensive

"Swiss Made" has traditionally stood for quality, precision and reliability. But after a shock move to scrap the cap on the franc, it could convey a less attractive message: Made more expensive. The decision by the Swiss

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Swiss bank chief under pressure to quit

Switzerland's biggest political party yesterday piled fresh pressure on the embattled head of the country's central bank to quit over a currency trade scandal. Swiss media said Philipp Hildebrand had failed to defuse the crisis when he ple

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Swiss currency move stuns world markets

The Swiss National Bank shocked markets on Tuesday by setting a minimum exchange rate for the Swiss franc against the euro, in a move which sent European shares and the price of gold down. The SNB exchange rate cap move disc

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