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What is the currency status of the Swiss franc

by admin

Mainly distributed in Switzerland, Liechtenstein, Italy Campone (Italy), occupies a very important position in the market.

The Swiss franc is legal in Switzerland and Liechtenstein and is issued and administered by the Swiss National Bank.

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The Swiss franc has been the most stable currency in the last century and has been regarded as a haven currency for a long time, so inflation is almost always zero in Switzerland and the currency is backed by 40% of gold reserves.

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The Swiss franc is also known as a traditional safe haven currency.

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Because Switzerland is a permanent neutral country, Switzerland is considered to be the safest place in the world. In addition, the Swiss government’s financial protection policy makes a large amount of foreign exchange pour into Switzerland, and the Swiss franc becomes a stable and popular currency.

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