SouthSoundTree-
TreeHouser
- Joined
- Sep 24, 2014
- Messages
- 4,941
cool
I read this today.I think it'll stabilize somewhere near where it is now. The Swiss economy is very strong.
They have been keeping the Franc low on purpose but have bought up enough of them that they feel they can let it go up now, without too much risk.
You guys will start feeling that the dollar has risen a lot lately, because your export will be hurt.( I won't be buying at Bailey's, for example).
A strong currency is a double edged sword.
But since we don't need to buy anything in Schweiz, only bring money out of there, it is great for us.