The Traderszone Network

Published in TZ Latest News 29 November, 2015 by The TZ Newswire Staff

Swiss tourism sector lobbying for a new CHF cap at 1.1500 vs EUR

Bloomberg with the story quoting from an article in today’s
Schweiz am Sonntag
The president of Grisons mountain railways, Sylvia Schmid, said:
“We’ve grown convinced that there needs to be a cap of 1.15 francs per euro”
Not a major lobby given that tourism contributes less than 3% to Swiss GDP but the idea may catch on