Swiss franc


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Noun1.Swiss franc - the basic unit of money in Switzerland
franc - the basic monetary unit in many countries; equal to 100 centimes
centime - a fractional monetary unit of several countries: France and Algeria and Belgium and Burkina Faso and Burundi and Cameroon and Chad and the Congo and Gabon and Haiti and the Ivory Coast and Luxembourg and Mali and Morocco and Niger and Rwanda and Senegal and Switzerland and Togo
Translations
franc suisse
References in periodicals archive ?
The loan was issued in Swiss francs, but the plaintiffs claim that the conversion to another currency was made unbeknownst to them, based on a power of attorney they had concluded with a Cypriot lawyer.
The president of Poland, Andrzej Duda, has said that banks should bear responsibility for Swiss franc loans.
Vienna -- The surging Swiss franc has dealt a double blow to homeowners in Austria, home of the trend for borrowing in the Swiss currency that has devastated mortgage holders across eastern Europe.
This includes a double charge of 202 million Swiss francs of the US Branded Prescription Drug fee, following final regulations issued by the Internal Revenue Service, which advanced the timing of recording the liability.
Without the hedging strategy, investors wouldn't have been protected when the rand value of the Swiss franc liabilities increased.
66 percent of all credits in the country are tied to the Swiss franc.
Currency speculators, particularly large hedge funds with short positions in the Swiss franc, are staring massive losses in the face.
At the time, the Swiss National Bank viewed monetary conditions as inappropriately restrictive, despite strong money growth and recent declines in short-term interest rates, because the Swiss franc had been appreciating sharply against the euro since the fall of 2007 (AR 2009, p.
1 billion Swiss francs for a 10 percent shareholding in Credit Suisse, amounting to an average price of around 41 Swiss francs per share.
The shining performance of the Swiss franc has taken its toll on the Swiss economy, eroding growth and causing severe deflationary pressures.
The euro and the dollar gained ground against the Swiss franc after the Swiss central bank set a minimum exchange rate target at 1.
Such political affairs could have an impact on Switzerland's status as a leading economic power and concomitantly the use of the Swiss franc in global finance.

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