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Swiss franc

World news about “Swiss franc” published by euronews.

18/12 13:41 CET

Swiss introduce negative interest to keep the safe-haven franc from rising higher

Swiss introduce negative interest to keep the safe-haven franc from rising higher

The Swiss National Bank has announced a negative interest rate for the first time since the 1970s. In a surprise statement, the SNB said it would impose an interest rate of -0.25 percent on more than 10 million Swiss francs in commercial bank deposits from January 22, when the…

  • Swiss bank pay to fuel bonus anger
    22/03 14:38 CET

    Swiss bank pay to fuel bonus anger

    The latest bankers' pay announcements in Switzerland will likely stir more debate and dismay there. Credit Suisse has revealed it upped the…

  • Swiss National Bank defends the franc
    14/06 14:44 CET

    Swiss National Bank defends the franc

    The Swiss National Bank reasserted its commitment to holding down the value of the franc ahead of fears the election in Greece could drive…