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Strong franc - Half of Swiss manufacturers plan to move abroad

from swissinfo.ch

Nearly half of Swiss industrial companies plan to escape the strong franc by moving at least parts of their manufacturing production abroad, according to a survey by lobby group Swissmem.

 

The franc has increased in value against the euro and dollar ever since the Swiss National Bank (SNB) ended its policy of printing huge amounts of local currency in January 2015. As a result, ...  read more

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