Archive for the ‘Swiss Franc’ Category

Yen and Franc Decline on Rising Stocks

Monday, March 24th, 2008

Japanese yenThe Japanese yen declined today from its recent high values against the U.S. dollar, pound and euro as the global stock markets gained and the high-yielding assets looked more attractive than on the last week.

Swiss Libor Rate Unchanged at 2.75%

Thursday, December 13th, 2007

Swiss francSwiss National Bank chose to keep the national three-month Libor (interest rate) unchanged at 2.75% after it was increased by 0.25% back in September 2007. After this announcement Swiss franc gained a little against all other major currencies except the Japanese yen.