The dollar and the euro have recently lost their main advantage - stability, and another reliable currency has taken the first position.. Danilo Getmantsev, head of the Parliamentary Committee on Finance, Tax and Customs Policy, spoke about this..
" However, there are other currencies that are considered reliable for these purposes, and they are also monitored by financial market experts, tracking long-term trends.. Among such currencies are the Swiss franc and the Japanese yen,"
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Moreover, at a certain time, one or the other of these two currencies breaks into the lead. Now, for example, it's a stellar time for the Swiss franc. Against the yen, the Swiss currency has not been this strong in 40 years.
So, today the value of the Swiss franc is 150 yen.. The last time such a ratio of the rates of these two currencies was recorded more than forty years ago - in 1980. At the same time, he experienced the franc and the worst times.
So, at the turn of two millennia, in 2000, the Swiss franc cost only 60 yen..
However, now the Swiss currency is at its peak. Even the crisis in the second largest bank in Switzerland - Credit Suisse, did not shake the strength of the national currency.
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At the same time, the state of the trade balance of Japan is not in favor of the Japanese currency.. Japan maintains trade deficit for 17th month. And in Switzerland, the trade balance is steadily in surplus..