Tag: Franc
Commerzbank writes off Swiss franc loans again due to ECJ ruling
Commerzbank Commerzbank explained that the write-down will not change anything for the time being on the German parent company’s goal of significantly increasing earnings in the current year. (Photo: Reuters)…
The value of the euro falls below one franc
Zurich The soaring Swiss franc alarmed the domestic central bank. On Monday, the Swiss National Bank (SNB) emphasized its willingness to weaken the strengthened Swiss currency with foreign currency purchases.…
Swiss franc against the euro as strong as in 2015
Zurich A look at the exchange rate of the franc against the euro and the dollar should actually worry Fabian Chiozza. He is CFO at the Swiss company VAT, a…
Swiss franc rises to its highest level since 2015
Swiss franc banknotes The currency fell below a level that the central bank had last defended. (Photo: dpa) Zurich In search of safe asset classes, more and more investors are…
With These Developments, Bitcoin Made ATH: It Passed The Swiss Franc!
The market cap of the crypto asset surpassed the Russian ruble in February, following a big announcement by automaker Tesla. Bitcoin ATH surpassed $67,000 on Wednesday, and the market cap…