Jul. 31st 2008 Extracts from the history of the Swiss franc (July 2008). As the credit crisis has unfolded, the Dollar has remained (relatively) strong, especially considering the deteriorating state of its economy. The reason for this, of course, is that in times of crisis, investors flock to perceived safe havens, such as the …
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SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
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