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Showing results for tags 'swiss franc'.
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The major currencies all have colloquial names. That of the Swiss Franc just happens to be the Swissy. The Swissy is also used to describe the pairing of the Swiss Franc with the US Dollar.
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The Swiss Franc is issued by the Swiss National Bank. It is also known as the Confederatio Helvetica Franc (CHF). Four languages are spoken in Switzerland: French, Italian, German and Rhaeto-Romanic, and the subdivisions of the Swiss Franc are along the same language lines; centimes, centesimos, rappen and rap respectively.
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Founded 152 years ago, the FSO is responsible for publishing key statistics on the current demographic, environmental and socio-economic trends in Switzerland. This information aids the Swiss government in fashioning economic policy and keeps the Swiss public educated about the state of their nation.
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The CHF in the forex markets tends to fall into the “safe haven” category along with the US Dollar and the Japanese Yen. Because of this, the CHF tends to strengthen during times of market instability and weaken during times of growth.
