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Swiss tourism sector lobbying for a new CHF cap at 1.1500 vs EUR

Discussion in 'Market News' started by ForexLive, Nov 29, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Bloomberg with the story quoting from an article in today's Schweiz am Sonntag The president of Grisons mountain railways, Sylvia Schmid, said: "We've grown convinced that there needs to be a cap of 1.15 francs per euro" Not a major lobby given that tourism contributes less than 3% to Swiss GDP but the idea may catch on

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