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Old 15.04.2008, 19:42
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Re: Weak Swiss Franc

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Weak Swiss Franc??!!

Ah, if only we knew then what we know now:


GBP 1.00 = CHF 1.96893
Indeed - I chickened out a bit and converted a wodge to sterling at 1GBP=2CHF because I was worried the pound wasn't going to fall much further Luckily, the majority of my savings are still in CHF though

I'd guess that Swiss interest rates are likely to come down or some measures will be imposed to prevent the CHF from getting too overvalued lest it threatens competitiveness of exports.

Must be making a lot of electronic goods very cheap in Switzerland though!
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