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Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus.
Switzerland will spend 269 million Swiss francs ($329.37 million) to support Geneva as a hub for international diplomacy, the ...
The Swiss National Bank cut its interest rate to zero on Thursday in response to falling inflation, appreciation pressure on ...
The escalating war with Iran has boosted the value of the dollar, the world's reserve currency, against most major currencies Monday morning–except one, the Swiss franc. The euro declined 0.31%, while ...
Indian deposits in Swiss banks dropped 18 per cent over the past decade, despite a temporary rise during COVID-19. This ...
Funds held by Indian customers fell from around 425 million Swiss francs in 2015 to approximately 346 million Swiss francs in ...
The data highlighted a broader trend of declining foreign deposits in Swiss banks, possibly reflecting greater transparency, ...
Funds parked by Indians in Swiss banks saw a significant rise. The Swiss National Bank data showed a notable increase in 2024 ...
The Swiss National Bank cut interest rates to zero per cent on Thursday as inflation cools and the franc strengthens, while ...
The sharp rise in deposits in 2024 marks a dramatic rebound from the previous year, when Bangladeshi-linked holdings had ...
Indian money in Swiss banks tripled in 2024 to CHF 3.5 billion (Rs 37,600 crore), driven by institutional flows, though ...
Most of this increase in funds has come from bank channels and other financial institutions, not from personal bank accounts.