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Why is the Swiss franc a safe haven

admin by admin
27/11/2022
in Knowledge
Why is the Swiss franc a safe haven
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Hedging is also called hedging currency, which is not easily affected by politics, war, market fluctuations and other factors, and avoids the above risks to the maximum extent.

Switzerland remains a permanent neutral country in the world today.

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There is also extreme bank secrecy and the Swiss National Bank sets monetary policy independently.

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As a result, Switzerland is considered one of the safest places in the world and has long been regarded by investors as a traditional safe haven currency.

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Historically, once the international political tension or economic growth uncertainty increases, it becomes the first choice for investors to transfer funds.

The Swiss franc has also become a solid and popular currency.

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  • USD/CAD Extends Decline Amid BoC Inflation Data and Weaker US Dollar 22/05/2025
  • EUR/GBP Retreats Amid ECB Dovishness and Strong UK Inflation Data 22/05/2025
  • EUR/JPY Faces Selling Pressure Near 162.35 Amid BoJ Rate Hike Speculation 22/05/2025

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