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Real Estate News Releases
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(EstateNewsWire.com, September 24, 2012 ) Bucharest,Romania -- In the past few months, the Swiss franc has been seen making its comeback against sterling, and the CHF exchange rates today are stabilized. The GBP/CHF rate currently stands at 1.5156 and the Euro/CHF remains at 1.2000, but the outlook for the CHF exchange rates today is positive.
News from the Swiss National Bank shows the determination of the institution to leave the minimum exchange rate unaltered. As it remains dedicated to buying foreign currencies specifically for this purpose, the SNB aims to prevent the appreciation of the Swiss franc, considering the tremendous impact this event will have on prices and economic performance in the country. The bank stands ready to adopt any further measures needed to enforce its policy and prevent the Swiss franc from weighing on the country’s economy.
In the first half of 2012, the economy showed signs of weakening across the globe. Even though many emerging economies have continued to support global development, the growth rates of these countries were much lower than what was needed for a positive outcome. In the US, economic growth rate and performance remains dull and lackluster. In the Euro zone, numerous peripheral economies have reported low growth rates, while recessionary trends were highly accentuated. The Swiss economy was affected by all these events and also by the international economic environment. As unemployment rates increase and GDP is slightly falling, the Swiss National Bank is expecting 1% economic growth for this year, compared to the 1,5% predicted only a couple months ago.
In addition to providing the latest news from the economic scene, the Currency-Converter-Calculator.com is also offering useful tools and financial resources for visitors to use. The online converter they offer is free to use and readily accessible to traders, tourists and business owners who are interested in gaining accurate financial information in a timely manner.
According to the Currency-Converter-Calculator.com, there are several risks that will remain active for the Swiss economy in the next few months. As the global economy remains unstable and highly vulnerable, as the uncertainty surrounding fiscal policies of the US and the euro crisis continue to affect the economic scene, there are no optimistic growth prospects. For more information and latest news about money exchange rates from the global economic scene, please visit http://www.Currency-converter-calculator.com.
About Currency-Converter-Calculator.com
Currency-Converter-Calculator.com offers useful financial tools and resources, allowing traders, business owners and tourists access accurate money currency converter services delivered to them in a timely manner. Providing constantly updated information and currency rates, the Currency-Converter-Calculator.com is a vital asset for those who want to stay updated with the latest news from the global financial scene.
Contact Information:
SC MGD Investments SRL
Bucharest, Ilfov, Romania 631245
SC MGD Investments SRL
Mircea Giurca
3145862
admin@currency-converter-calculator.com
Source: EmailWire.Com 
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