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Old 29.01.2015, 19:48
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Phil_MCR Phil_MCR is offline
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Re: CHF/EUR exchange rate on goods on order

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I cannot recall when the euro rose 18% against the CHF, or imagine when it is ever likely to. I have bought furniture before here and asked to be invoiced in euros. Should have done that this time too.

As an importer the retailer should have bought euros forward to avoid fluctuations. This would be understandable, but not a reason they have used. They are simply pocketing the rather plump difference...
It rose by around that when the SNB put in the cap.
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