2011, the Swiss National Bank began an active policy of intervention in the currency markets combined with interest rate cuts in order to weaken the franc against the euro, capping its strength.20 francs to the euro. Trading, forex Currencies, for security, individuals, large organizations, and even nations will keep some of their surplus reserves in gold and foreign currencies. High Security, Low Risk and Protection from Inflation. Worldwide, investors look for better returns and security for their invested capital. However, sanctions imposed by the United States and the European Union on Russia caused the country to seek alternatives.S. Swiss franc is a good investment. The, swiss franc was part of the, bretton Woods exchange rate system that was established in the aftermath of World War II and lasted until the early 1970s. Dollar remains the primary and most trusted reserve currency, but the.
This shields the Swiss economy and helps keep the Swiss franc valuation stable. If a large economy, such as Russia or Germany, placed its huge mit einer idee geld verdienen reserves in Swiss debt, it could effectively take control of Swiss debt. Between 1865 and the 1920s, Switzerland, Belgium, France and Italy formed the Latin Monetary Union; the prices of all four currencies were linked to the price of silver. Franc cHF is the currency abbreviation for Switzerland's currency, the. It is a small country with a limited population. Swiss stocks tumbled dramatically, while the Swiss franc soared about 30 relative to the euro within minutes. Its actions were also unpopular in Switzerland. Dollar, Japanese yen and British pound. Countries were basically aiming to secure their currency ( euro ) to the Swiss franc.