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Old 20.04.2011, 18:18
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Phil_MCR Phil_MCR is offline
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Re: CHF=EUR parity. When will it happen?

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There has been a recent phenomenon which defies classic approaches to forex. The more the CHF appreciates, the more Swiss luxury goods are sold in China...meaning that high price isnšt always negative...but I doubt this is the case for exports going to the EU.
depends on the goods. switzerland isn't exactly producing cheap t-shirts.

when you need to buy a ski-lift system, for example, there really is only one game in town, are you'll have to bend over and take the price quoted.
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