The GBP to CHF interbank exchange rate today has been ranging between 1.2017 and 1.2092. The pound looks supportive today on the back that Prime Minister Boris Johnson, is on the road to recovery from Covid-19.
Swiss Economy Expected to Shrink Possible 10%
Switzerland has had over 23,000 cases of the Coronavirus that has had a negative impact on their economy with current expectations that their economy could shrink as much at 10%. Many industries in Switzerland have been affected including the manufacturing and industrial sectors which have stopped operating. This was evident last week when the country’s purchasing manufacturing index dropped to a record low of 43.7 and unemployment rose to 2.9% in March.
Meanwhile the Swiss government on Wednesday pledged to

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