Monday, February 2, 2015

Swiss franc continued to fall – Polish Radio

Swiss franc continued to fall – Polish Radio


  Today frank grew cheaper by 10 cents to 4.03 zł. Is there a chance that fall below 4 zł? , photo: Depositphotos
 

Gold also strengthened against other currencies. The euro have to pay 4 gold and 17 cents on the dollar and 3 gold and 68 cents.

A stronger dollar and weaker franc? For several days, the Swiss currency loses value against both the euro and the buck. This may help borrowers in Poland who franc debt in.

Favorable trends
Millennium bank’s chief economist, Grzegorz Maliszewski points to two trends that favor frankowym borrowers. On the one hand, the franc weakened against the common European currency. On the other Polish zloty strengthened against both the Swiss franc and the euro. As a result, a few days, as explained by the expert, the exchange rate of the zloty against the Swiss currency is approaching a limit of four gold franc.

The market is looking for balance
expert in an interview with IAR adds that the market is now looking for a balance between the rate of the Swiss franc against the individual currencies. According to economist happens, among other things due to the introduction of negative interest rate.
Switzerland has no weapons franc The strengthening of the franc
is a consequence of the decision of the National Bank of Switzerland, who resigned in mid-January with the maintenance of a fixed exchange rate against the euro. On the strengthening of the currency suffers honor borrowers in Poland, who in recent years took out loans denominated in Swiss francs, to purchase the property.

Peter Kuczynski: Swiss exporters pressure on the SNB will result in a decrease in the franc

TVN24 Business and World / x-news

IAR, abo

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