Thursday , February 27 2020
Home / le News / Swiss franc one of only two overvalued currencies

Swiss franc one of only two overvalued currencies

Summary:
Periodically, the Economist magazine judges the value of currencies based on the prices of Big Macs. © Rosalie Anareta | Dreamstime.comThis time around the burger price comparison found only two currencies to be overvalued relative to the US dollar: the Norwegian krone and the Swiss franc. The franc was almost 20% overvalued according to their analysis – click here for chart. Earlier in the week the US Treasury added Switzerland to its “monitoring list” of trading partners whose currency practices merit close attention. More on this:Economist article (in English) For more stories like this on Switzerland follow us on Facebook and Twitter.

Topics:
Investec considers the following as important: , , , ,

This could be interesting, too:

Investec writes Swiss Post stops accepting parcels and letters to China

Investec writes Canton of Valais wants to make school skiing compulsory

Investec writes The labels that show how much more international retailers charge Swiss

Investec writes Geneva looks at sugar tax but excludes one of the worst products

Periodically, the Economist magazine judges the value of currencies based on the prices of Big Macs.

Swiss franc one of only two overvalued currencies
© Rosalie Anareta | Dreamstime.com

This time around the burger price comparison found only two currencies to be overvalued relative to the US dollar: the Norwegian krone and the Swiss franc.

The franc was almost 20% overvalued according to their analysis – click here for chart.

Earlier in the week the US Treasury added Switzerland to its “monitoring list” of trading partners whose currency practices merit close attention.

More on this:
Economist article (in English)

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *