Switzerland releases from the Euro fixed exchange

copy-logoduna1.jpgSwitzerland released from the fixed exchange rate the Euro .Notoriamente the Swiss franc from the market has always been considered a safe haven, then in times of global crisis normally seeks capital protection, therefore in the 2011 the BCS to contain the tendency to an excessive appreciation of the Swiss franc exchange rate block . The exchange parity is hardly sustainable markets in turmoil, means selling assets denominated in francs to buy financial assets denominated in other currencies , in such a way, it exerts a downward pressure of Franco.

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