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Old 27.04.2007, 21:42
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Re: Swiss franc vs US dollar

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Hi,from san Francisco,ca. I like to know why the Sw franc has lost some much value against dollar,despite the us dollar lost of value against the Euro.
Looks the swfranc is about 30% below real value.
I am thinking to start buying swfrancs to protect de value of my savings,is this a good idea?
Thank you
Pat
If you buy everything in dollars, which I understand is the common practice in San Francisco, what difference does the value of the euro/Swiss franc/pound/yen etc. make to you? The dollar will go up again anyway. It's just a short-term American plot to cheat oil producing countries who get their oil revenue in US dollars....
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