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Old 7 September 2011, 05:04 AM   #1
Dweller of the Sea
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Join Date: Jul 2010
Location: EU
Watch: ing TRF
Posts: 576
Good news about price increses- Swiss Franc locked (Mostly EU)

Just read this:

http://www.snb.ch/en/mmr/reference/p...0110906.en.pdf

The swiss have locked the CHF to the Euro.
The Swiss National Bank sets the minimum exchange rate at CHF 1.20 per euro.

Hopefully this will keep the price increases to a "normal" inflation level.

The CHF will probably also be more stable against the dollar, as it has been lately.
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