Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 2 of 2 results for "Francogeddon"

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
... to reverse in the last month of 2015 what it was forced to put in place in the first month of this year? Recall "Francogeddon" or "currency tsunami" - the terms describing the shock financial markets received when on 15 January, the SNB abandoned its ...

SNB dismantles defense

BENJAMIN ONG  |  FRIDAY, 16 JAN 2015
"Francogeddon", "currency tsunami", "shocker", "jaw-dropping". These are some of the words used to describe the Swiss National Bank's (SNB) decision to surrender and abandon the currency peg - erected back in September 2011 - against the euro last night. ...
PAGE:
1