The SNB recently published the latest real effective exchange rate (REER). According to that the franc was only 7% overvalued against the base year 1999.
Credit Suisse (CS) has taken some more factors than the REER under consideration: for them the fair value of the EUR/CHF is now 1.22, while the dollar was still undervalued.
Our weekly newspaper on the Swiss National Bank shows 2 articles from the Tagesanzeiger and Basler Zeitung on the Credit Suisse FX model. Here the link to the Basler Zeitung.
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