Wednesday, February 18, 2015

Swiss franc lowest since mid-January – Onet.pl

Swiss franc lowest since mid-January – Onet.pl

After hours. 16:00 on the interbank market franc came up to 3,90 zł. Gold also strengthened against the euro, which costs 4.18 zł afternoon. Slightly more expensive for dollar, the exchange rate is 3.68 zł, as well as the British pound, for which you have to pay 5.69 zł.

The franc Swiss authorities have announced the central bank. President of Thomas Jordan said on Tuesday that the Swiss National Bank (SNB) is ready to intervene in the currency market, as the franc remains “overvalued.” He added that the SNB will be “active in the currency market, if necessary, to influence the currency situation “.

“A significant revaluation of our currency means that the Swiss economy, especially the sectors exposed to international competition, are now facing major problems and numerous challenges” – Jordan said.

January 15 (“Black Thursday”) markets surprised by the sudden decision of the Swiss National Bank to lift the limit Swiss currency exchange rate, which remained at 1.2 per euro from September 2011.

Representatives of the SNB repeated since then, they are prepared to intervene. Bloomberg points out, however, that the data bank that he could no longer intervene Jan. 29.

On Swiss franc look so anxiously. Frankowicz, ie those with loans Swiss currency. From trading franc paid depends on the amount of their mortgage payments.

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