Noun
Swiss franc (plural Swiss francs)
The currency of Switzerland, divided into 100 centimes, currency code CHF.
Against the dollar, the Swiss franc was quoted at 0.9689 following a 0.5% jump on Monday toward its highest level in more than a year. Source: Internet
Meanwhile, on the foreign exchange markets, safe haven currencies like the Japanese yen and the Swiss franc have risen following the attacks. Source: Internet
Nestle said it was launching a 500 million Swiss franc ($512 million) programme to help the cafes and restaurants it supplies by extending payment terms and suspending rental fees for coffee machines. Source: Internet
That said, the lesson to learn is this: fiat money—be it US dollar, euro, Chinese renminbi, British pound, Swiss franc, etc.—will most likely continue to lose its purchasing power over time. Source: Internet
The global financial crisis and the subsequent strength of the Swiss franc posed several manufacturing industries challenges. Source: Internet
The Japanese yen and the Swiss franc have attracted safe haven capital-as has gold and US Treasury bills. Source: Internet