Thursday , April 25 2024
Home / Tag Archives: Swiss franc manipulation

Tag Archives: Swiss franc manipulation

Swiss franc added to US Treasury currency manipulation watchlist

The US Treasury recently added Switzerland to its “monitoring list”. Those on the list are trading partners whose currency practices merit close attention.  © Kevkhiev Yury | Dreamstime.comThe list includes: China, Germany, Ireland, Italy, Japan, Korea, Malaysia, Singapore, Switzerland, and Vietnam. It is no secret that the Swiss National Bank (SNB) has been actively trying to weaken the Swiss franc. Switzerland has a large current-account surplus and the SNB has been making big...

Read More »