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CCY - CCY Delayed price. Currency in USD
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1.0307+0.0015 (+0.1484%)
At close: 10:31PM BST
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Previous close1.029
Day's range1.029 - 1.034
52-week range0.9678 - 1.0477
  • Swatch profits tick lower, hit by strong franc and slow business
    AFPlast year

    Swatch profits tick lower, hit by strong franc and slow business

    Swatch on Wednesday posted a 21-percent-drop in its annual net profit, as the world's biggest watch group was slammed by a strong Swiss franc and a struggling timepiece sector. Last year, the Swiss watchmaker saw its net profit plummet to 1.1 billion Swiss francs ($1.08 billion, 990 million euros), dropping by more than a fifth from 2014, when it reported its weakest annual result in five years. The value of the Swiss franc ballooned after the Swiss central bank in January 2015 suddenly stopped artificially trying to hold down its value against the euro, hitting exporters in the country hard.

  • noodls2 years ago

    Direct trading between renminbi and Swiss franc launched

    Press release Communications P.O. Box, CH-8022 Zurich Telephone +41 58 631 00 00 Zurich, 10 November 2015 People's Bank of China authorises direct currency trading The People's Bank ...

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