When thinking of Switzerland, images of fine cheese, luxury chocolate, and snow-capped mountains often come to mind. But Switzerland is also synonymous with wealth. The country has one billionaire for every 80,000 people, making it the third most billionaire-dense nation in the world, trailing only Luxembourg and Hong Kong. With a mean net worth of...
Tag: Swiss franc
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Planning a trip to Switzerland, here are 5 things that you should keep in mind – Times of India
Are you planning a trip to Switzerland? Before flying to this European country, you must remember certain things to have a peaceful time. To prepare your phone for the trip, you’ll need to turn on some important features, update your international credit or debit card information for stress-free payments and download a few apps that...
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Why the Swiss central bank made a surprise cut to its key interest
The Swiss National Bank (SNB) said on Thursday it is trimming its key interest rate, a surprise move that makes Switzerland the first major financial centre to announce a cut in recent months. ADVERTISEMENT Thomas Jordan, the outgoing SNB chairman, credited the central bank’s push to rein in inflation in the wealthy Alpine country. The...