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Absolutely everything you need to understand what happened to the Swiss franc this week http://t.co/SjTI63xmIv
January 18, 2015
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Absolutely everything you need to understand what happened to the Swiss franc this week
The Swiss franc is a very popular place to park cash. Amid the euro zone debt crisis, demand for the franc surged, pushing its value up sharply. That's bad for exports... A strong franc hurts the Swiss because it makes their exports more expensive for foreign buyers, and the country has a giant export sector.