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SNB Tipped to Drop its Defence of the Swiss Franc

SNB Tipped to Drop its Defence of the Swiss Franc


Although the Swiss National Bank famously gave up defending its EUR/CHF floor at 1.20 last January, it was not long before it began to regularly intervene in foreign exchange markets again to weaken its own currency and support Swiss exports.


Data:

Live British Pound to Euro Exchange Rate(GBP/EUR) Interbank Conversion:

What is the British Pound to Euro Rate Today?

The live GBP/EUR exchange rate is 1.1562
Change on Previous Day's Close +0.04%

How does Today’s Euro Rate Compare with Previous Rates?

Today’s opening exchange rate is 1.1558
Today’s lowest exchange rate is 1.1556
Today’s best exchange rate is 1.1563
Best exchange rate of the year-to-date is 1.3218 (2016-05-25)
The lowest exchange rate of the year-to-date is 1.094 (2016-10-11)

News and Forecasts:

SNB Tipped to Drop its Defence of the Swiss Franc

  • Written by Joaquin Monfort

swiss franc exchange rate 1

Although the Swiss National Bank famously gave up defending its EUR/CHF floor at 1.20 last January, it was not long before it began to regularly intervene in foreign exchange markets again to weaken its own currency and support Swiss exports.

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