1 EUR = 0.9511 CHF
1 Euros = 0.9511 Swiss Francs
The EURCHF rate as of 27 Mar 2025 at 8:10 AM |
1 EUR = 0.9517 CHF
1 Euros = 0.9517 Swiss Francs
The EURCHF rate as of 26 Mar 2025 at 6:32 PM |
Could this be the third negative that often occurs when a stock hits trouble? I think you are on the money Diesel about little or no contribution from insurance etc. This also paves the way for a dividend cut and no doubt some kitchen sinking from incoming CEO.SFR has its faults but seems fundamentally a good company in sometimes volatile markets. As long as debt is not a threat I'm trying to resist having a few more DYOR. |
How do you value a company with so much unknown risk? I can't see this getting taken over until the full extent of potential liabilities are known. |
CEO gone, looks like the bridge problems are totally down to the company, talk of seeking support from insurance or other parties was just placating the market. The question now is will this get bought up, and if so what is the value? |
1 EUR = 0.953 CHF
The live Euro to Swiss Franc exchange rate (EUR CHF) as of 26 Mar 2025 at 6:30 AM. |
i've sadly sold here. I bought after the crash but this seems distressed. Sentiment for UK stocks is down the tubes. The fact that directors won't even buy this at these levels doesn't earn them points either. |
1 Euros = 0.9547 Swiss Francs
The EURCHF rate as of 25 Mar 2025 at 10:02 AM |
1 EUR = 0.9549 CHF
1 Euros = 0.9549 Swiss Francs
The EURCHF rate as of 24 Mar 2025 at 3:24 PM |
1 EUR = 0.9555 CHF
The live Euro to Swiss Franc exchange rate (EUR CHF) as of 24 Mar 2025 at 11:26 AM. |
1 EUR = 0.9571 CHF
1 Euros = 0.9571 Swiss Francs
The EURCHF rate as of 24 Mar 2025 at 7:17 AM |
1 EUR = 0.9615 CHF
The live Euro to Swiss Franc exchange rate (EUR CHF) as of 22 Mar 2025 at 8:14 AM. |
1 EUR = 0.9548 CHF
The live Euro to Swiss Franc exchange rate (EUR CHF) as of 21 Mar 2025 at 11:00 AM. |
1 EUR = 0.9573 CHF
The live Euro to Swiss Franc exchange rate (EUR CHF) as of 21 Mar 2025 at 7:15 AM. |
1 EUR = 0.9568 CHF
1 Euros = 0.9568 Swiss Francs
The EURCHF rate as of 20 Mar 2025 at 9:18 PM |
1 Euros = 0.9573 Swiss Francs
The EURCHF rate as of 20 Mar 2025 at 10:09 AM |
1 EUR = 0.9535 CHF
The live Euro to Swiss Franc exchange rate (EUR CHF) as of 20 Mar 2025 at 7:48 AM. |
1 EUR = 0.9575 CHF
1 Euros = 0.9575 Swiss Francs
The EURCHF rate as of 19 Mar 2025 at 5:14 PM |
 SNB slowed foreign currency purchases to CHF1.2bn in 2024
The Swiss National Bank (SNB) was less active on the foreign exchange markets in 2024 than in previous years.
This content was published on March 18, 2025 - 15:23
swissinfo
In 2024, the Swiss central bank again acted as a buyer of foreign currencies, having sold holdings on a large scale in 2023.
Over the year as a whole, foreign currency purchases totalled CHF1.2 billion, as can be seen in the SNB’s annual report published on Tuesday. Purchases slowed down in the final quarter.
From January to September 2024, the SNB purchased foreign currency totalling CHF1.1 billion, according to the quarterly figures already published, most of this in the third quarter.
From seller to buyer
In 2023, the SNB was still a large-scale seller of foreign currencies: In the year as a whole, it sold foreign currencies worth the equivalent of CHF132.9 billion.
By reducing its foreign currency reserves, the monetary authorities wanted to strengthen the franc and keep imported inflation low, which had shot up after the end of the coronavirus pandemic and the outbreak of the war in Ukraine.
However, inflation has since calmed down and is now clearly back within the targeted range of between 0 and 2%. In the course of 2024, the monetary authorities therefore lowered the key interest rate in several steps to a level of 0.5%.
According to the expectations of the majority of economists, they are now likely to make a further rate cut this week.
Translated from German with DeepL/mga |
1 EUR = 0.9583 CHF
The live Euro to Swiss Franc exchange rate (EUR CHF) as of 19 Mar 2025 at 6:45 AM. |
1 Euros = 0.9594 Swiss Francs
The EURCHF rate as of 18 Mar 2025 at 8:41 PM |
Most forecasters believe the SNB will deliver a quarter-point interest rate reduction.
Switzerland’s central bank is about to take another cliffhanger decision as officials weigh whether to use up one of their last interest-rate cuts before reaching zero.
This content was published on March 17, 2025 - 09:49
Bloomberg
While investors and most forecasters anticipate the Swiss National Bank (SNB) to deliver a quarter-point reduction in the benchmark to 0.25%, a shifting backdrop has left the result on Thursday uncertain enough for UBS economists to describe it as “a coin toss.”
Tolerable low inflation, resilient economic growth, a weaker franc and limited policy space to fight strengthening speak in favour of leaving borrowing costs unchanged. But a rocky global trade environment threatened by United States President Donald Trump’s tariffs could yet prompt a long-predicted cut.
The dilemma for SNB officials led by Martin Schlegel is tough enough to make their decision by far the most suspenseful among advanced economies in a week when peers in the US and Britain are widely expected to stay on hold. That would be typical for the SNB, whose whole cycle of hiking and easing since mid-2022 has kept investors on their toes.
“The only significant uncertainty to the view of the SNB holding rates steady at this meeting, for me, stems from a certain dimming of the global growth picture,” said Claude Maurer, chief economist of Basel-based BAK Economics. “This would speak in favor of a further cut.”
Markets jolted
Maurer is one of just a handful of forecasters who predict no change in a Bloomberg survey. The rest reckon the SNB will lower its rate by a quarter-point, and traders assign a 75% chance of that outcome. Most economists say it will then stay at 0.25%.
“We expect zero interest rate policy to be avoided, though a small degree of contingency remains should further easing become necessary,” said Bloomberg Economics.
It’s no easy task to second-guess the SNB, which notoriously jolted markets with its sudden imposition of a cap on the franc in 2011 followed by an even more abrupt removal in 2015.
The SNB also surprised with its half-point hike in June 2022 before a 75 basis-point increase that was smaller than some investors had predicted. Economists then split three ways in advance of a half-point move at the end of that year. The Swiss central bank unexpectedly held in September 2023, delivered an unanticipated cut in March last year, and a bigger-than-forecast half-point reduction in December.
And all that was before Trump’s arrival presented policymakers with what European Central Bank chief Christine Lagarde describes as “exceptionally high” uncertainty. No wonder UBS economists Maxime Botteron and Florian Germanier warned clients last week that “it will not become easier to forecast” SNB decisions.
The Trump effect
It’s the worry that Trump might intensify trade tensions, hitting Swiss growth, that could speak for a reduction. His threatened tariffs on pharmaceuticals would hurt an export-dependent country where they accounted for 35% of sales abroad last year.
Even without that happening, SNB officials “can’t be content” with a mid-term inflation forecast of just 0.7% in the third quarter of 2027 and should act to prevent expectations settling too low, according to Karsten Junius, the chief economist at Bank J Safra Sarasin.
“With a cut, policymakers can ensure they reach their goal,” he said. “If they pause, they can only hope that they reach their goal.”
A related concern is tactical: by shirking from a reduction, the SNB’s quarterly decision schedule effectively forces it to wait until June to avoid the impression of a panic response.
In 2022, then-SNB President Thomas Jordan set a high bar for a move between gatherings when asked if a hike could materialize out of the blue. He suggested that only a complete change in the inflation outlook would justify that.
Tactics could also speak in favor of keeping rates unchanged, not least since the SNB has limited scope to ease further — essentially two quarter-point steps — before reaching zero and perching once again on the cusp of negative borrowing costs. Schlegel hasn’t ruled out subzero rates but will only resort to them if necessary.
Among other arguments in favour of a hold are the latest readings of inflation, which has slowed but stayed in line with officials’ forecast. Meanwhile Switzerland’s economy sped up at the end of 2024 with the fastest growth in almost two years.
That was helped by a pause in the appreciation of the franc, whose strength has long haunted exporters.
Since December, it has weakened by some 3% in real terms against a basket of currencies and it’s also down that amount against the euro. The franc held within a tight range until earlier this month when news of Germany’s historic plan to ramp up spending upended markets and sent it to its lowest since July.
The prospect that the ECB could pause easing in April means that the difference between rates might stay stable, lessening additional pressure on the Swiss currency before the next meeting in June.
The SNB’s quandary is likely to keep investors on edge this week. Given the tortuous backdrop, doing nothing might be the easiest option, according to GianLuigi Mandruzzato, senior economist at EFG Bank in Zurich.
“At a time of high uncertainty, it’s sometimes no harm to stay put and wait and see,” he said.
Bloomberg L.P.
swissinfo |
1 EUR = 0.9619 CHF
The live Euro to Swiss Franc exchange rate (EUR CHF) as of 17 Mar 2025 at 4:26 PM. |
1 Euros = 0.9629 Swiss Francs
The EURCHF rate as of 17 Mar 2025 at 11:32 AM |
Hardly a quality company if they have poor quality processes. This isn't the first time that they've been involved with serious quality issues. |
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
