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French grip muddles Ecowas single currency bid. What’s next?
West African countries set a fifth deadline of July 2027 for the launch of a single ...
Swiss Franc Option Activity Surges as Traders Bet on More Losses
In one of the busiest days in history for Swiss franc options, traders bet big that the currency will extend its recent losses.
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Franc Zone
Here are some frequently asked questions. The CFA franc is the common currency for the Franc Zone, created in the 1930s on the eve of the Second World War. It is made up of three areas, each of which ...
SNB Held Off on FX Interventions After Trump Won Election
The Swiss National Bank largely kept out of currency markets in the final three months of 2024, marking a full year without ...
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African countries that rely on France to print their currency
The CFA franc was introduced in 1945 to stabilize the economies of France’s African colonies, and even after independence, it remained the official currency of multiple nations.
Swiss National Bank Bought Forex Worth 1.2 Billion Francs in 2024
ZURICH (Reuters) - The Swiss National Bank bought foreign currency worth 1.2 billion Swiss francs ($1.36 billion) in 2024, ...
US dollar sinks as growth concerns weigh; safe-havens yen, Swiss franc advance
The safe-haven yen and Swiss franc climbed in volatile trading on Thursday, while the dollar slumped against most currencies, ...