Swiss franc / Hong Kong dollar

stockPerformance $0.14 (1.70%)
Updated: 18 Jan, 3:01 pm UTC
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The Swiss Franc (CHF) is the official currency of Switzerland and is widely used in global financial markets. It is considered a safe-haven currency due to its stability and low inflation levels, making it an attractive investment for those seeking to protect their capital from market volatility. The Swiss Franc is also an important reserve currency for central banks, given its strong fundamentals and liquidity in the currency markets. Furthermore, the low interest rates offered by the Swiss National Bank provide an attractive environment for investors looking for yield. In addition, the Franc is often used as a hedge against the Euro and other currencies, making it a popular choice for traders looking to diversify their portfolios.