Swiss Franc is trading around a six month low against the dollar on Thursday as greenback gained impetus on the back of improving data from the US. Commerce Department said US durable goods orders rebounded by 0.2 percent in August after plunging by a revised 5.6 percent in July. Meanwhile, Switzerland's economy is expected to grow by 1.3% this year, the government during the week, significantly below the country's long-term average as industry struggles with weak demand abroad. The State Secretariat for Economic Affairs (SECO) also cut its growth forecast for 2024 to 1.2% from the 1.5% expectation it gave in June. USDCHF is currently trading at 0.9171, down half a percent on the day after hitting 0.9211 this week, its highest level since March this year.
Powered by Capital Market - Live News
FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com
BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737
ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd. (ISE)
© 2013 ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited]. All rights reserved.
Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)
