Asset

Swiss franc / Thai baht

CHFTHB
forex
$36.02
stockPerformance $0.36 (1.02%)
Updated: 18 Jan, 3:12 pm UTC
No Trading Data Available
Description
The Swiss Franc is a reserve currency used in international financial markets and investing. It is seen as a safe haven currency due to the country's political and economic stability and its status as a neutral country. The Swiss Franc is also used as a base currency in many foreign exchange markets, as it is seen as a reliable currency with low volatility. Furthermore, it is often used as a hedge against inflation and other global economic risks. As a result, many investors and traders use the Swiss Franc to reduce their risk exposure and to diversify their portfolios.